AccessVet
Early Stage
Enhancing the lives of pets and pet parents, vets and their teams.
Overview
Raised: $73,750
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/29/2022
Close Date
08/19/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$250
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$7,000,000
Valuation Cap
$8,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$516
# of Investors
22
Momentum
Funded
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
AccessVet, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to enhance the lives of pets and pet parents, vets, and their teams. The platform allows for appointment scheduling, video consultations, and payments to bring more flexibility and reduce team stress. AccessVet has 30 active users and has generated $10,000 in revenue since April 2022. Thomas Link and Ralph Musgrove founded AccessVet in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for sales and marketing, product development, and new hires.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$3,294 |
$2 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-371,413 |
$-85,967 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$118,615 |
$43 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$120,550 |
$43 |
|
Short-Term Debt |
$5,270 |
$86,010 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$5,270 |
$86,010 |
Financials as of: 03/29/2022
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