Funding profile · Consumer digital health
Reframe
One Form D on record, filed in January 2022 under the company’s original name, reporting $17.45 million sold to 31 investors. Nothing has been filed since, while reported totals have climbed to $24.7 million and $27 million.
$17.45MSold on the only Form D on record, including converted SAFEs
$12.5MSeries A as announced, at a $100M post money valuation
31Investors on that filing, about $563,000 each
$27MTotal raised, company-reported via Forbes, versus $24.7M via Crunchbase
Data as of September 22, 2026. Company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2018 | Accelerator pre-seed | $20,000 | Georgia Tech CREATE-X | University report |
| 2018 to 2020 | Founder and family money | $120,000 | Founders and family | University report |
| By Apr 2021 | Seed | $1.4M | Atlanta Ventures | Reporting |
| Summer 2021 | Y Combinator S21 | Not disclosed | Y Combinator | YC data |
| After YC, 2021 | Post accelerator round | $3.4M | Not named | Reporting |
| Dec 2021 to Jan 2022 | Series A | $12.5M announced · $17,450,000 sold on the Form D, SAFE conversions included | Goodwater Capital led; Atlanta Ventures, HOF Capital, Pioneer Fund, Christopher Klaus, Atlanta angels, Y Combinator | Form D and reporting |
| Jan 2026 | Cumulative, reported | $24.7M per Crunchbase; $27M per Forbes | Not broken out | Totals differ |
What the filings show
Glucobit Inc. · Form D · filed Jan 18, 2022
- First sale
- Dec 31, 2021
- Offered
- $17,450,000 equity
- Sold
- $17,450,000 · $0 remaining
- Clarification
- “The total offering amount and total amount sold includes the conversion of SAFEs.”
- Investors
- 31 · average about $563,000
- Minimum accepted
- $5,000
- Exemption
- Rule 506(b)
- Industry group
- Other Technology
- Revenue range
- Decline to Disclose
- Commissions
- $0 sales commissions, $0 finders fees
- Related persons
- Verdant Pradeep (executive officer, director); Ziyi Gao (executive officer, director)
- Signed
- Vedant Pradeep, President
- Filing
- SEC EDGAR, CIK 0001905181, Atlanta, GA, incorporated in Delaware, year of incorporation 2018
Reading the filings
- The filing is bigger than the press release, and says why.Reporters were told $12.5 million. The Form D reports $17,450,000 sold, a difference of $4,950,000, and the issuer added a clarification that the totals include converted SAFEs. The two prior rounds on the record, $1.4 million of seed and $3.4 million after Y Combinator, add to $4.8 million. The arithmetic lines up with new money plus old paper converting at the Series A.
- Thirty one investors, but not thirty one big cheques.$17,450,000 across 31 investors averages about $563,000 each. That average is inflated by SAFE holders folded into the same total, and the minimum accepted was $5,000, which is angel sized. The filing does not separate new subscribers from converting note holders.
- Nothing has been filed in four and a half years.This is the only Form D under the issuer, and an EDGAR full text search returns exactly one document mentioning Glucobit. Reported totals of $24.7 million and $27 million sit $7.25 million to $9.55 million above the $17.45 million on file. A company raising under Section 4(a)(2) files no Form D at all, so the gap is not proof that no money moved, but nothing public closes it.
- On paper the issuer is not a health company.The filer is Glucobit Inc., the founders’ original name, still the entity behind the terms of use and the Google Play listing. It selected Other Technology as its industry group rather than any health category, and answered Decline to Disclose on revenue about a month before its founders told reporters that annual recurring revenue had crossed $10 million.
- The board is the two founders.The only related persons listed are the co-founders, each as executive officer and director. No investor director appears, despite a lead investor on the round. The CEO’s first name is entered as Verdant rather than Vedant, the same misspelling that later appeared in the company’s own December 2025 press release.
- The valuation is reported, never filed.A $100 million post money valuation in January 2022 and a $350 million figure in a later Forbes profile both come from outside the filings. Form D records amounts raised, not price, so neither number has a public document behind it.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Revenue | About $10 million ARR reported by the CEO in Feb 2022; $13 million booked in 2022 per a Forbes profile. No figure since. | Company-stated |
| Subscribers | About 100,000 paying subscribers as of Mar 2022. Not updated publicly since. | Company-stated |
| Pricing | $99.99 a year base. Thrive Coaching $129.99 or $249.99 a month, $79.99 a session. AI chat $9.99 a month. Med+ billed in three month blocks. | Independent review |
| New lines | Liquid Luck functional drinks, Mar 2025. Reframe Med+ telehealth prescribing with OpenLoop Health, Inc., live by 2026. | Company-stated |
| Regulatory | No FDA 510(k) or PMA, no registered trial, no NIH or NSF award. The app is sold as a wellness subscription. | Public record |
| Consumer record | Better Business Bureau profile records 9 complaints in three years, two of them unanswered, almost all about billing. Not BBB accredited. | Public record |
| Cancellation exposure | Web terms require 30 days notice before renewal and make payments nonrefundable. The Google Play listing says 24 hours. The FTC reopened negative option rulemaking on Mar 11, 2026 and keeps enforcing under ROSCA. | Terms disagree |
What to watch
- A Form D for anything raised since January 2022. One is due within 15 days of a first sale under Regulation D.
- Whether the Med+ prescribing line is housed separately, which would show up as a new issuer on EDGAR.
- An updated revenue or subscriber figure. The last public numbers are more than four years old.
- Any FTC or state action on subscription cancellation, given the billing complaints and the conflicting terms.
The Reframe story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- Public recordForm D, Glucobit Inc., CIK 0001905181
- Public recordEDGAR full text search and issuer submissions index for Glucobit Inc.
- Public recordFDA, ClinicalTrials.gov, NIH and NSF searches, no results
- Public recordReframe BBB business profile and complaint record, Atlanta
- Public recordReframe: Cut Back on Alcohol, developer Glucobit Inc.
- IndependentThe startup sobriety gambit
- IndependentApp to moderate drinking raises $12.5 million
- IndependentEngineering Alumni Create Mobile App to Reduce Alcohol Abuse
- IndependentReframe Dry January data story
- IndependentVedant Pradeep profile, 30 Under 30 Consumer Technology
- IndependentReframe App Review 2026: Pros & Cons, Cost, & My Experience
- IndependentFTC Restarts Negative Option Rulemaking
- CompanyReframe terms of use and FAQ
- CompanyReframe Med+ site and terms and conditions of services
- CompanyReframe company page, Summer 2021 batch, team size 35
Compiled from SEC and other public records and published reports as of September 22, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date and may not capture later sales. Healthcare Venture Capital Fund holds no position in Reframe. This page is not an offer to sell or a recommendation to buy any security.
