About this raise
AppApp, with no valuation cap, is raising funds on WeFunder. The application offers free appetizers to users when they dine out at the partner restaurants. AppApp provides instant rewards to consumers while keeping the costs down for restaurant owners. AppApp was launched in 2018 by Todd Folk and Nick Ludwig; however, it received a cold response at TechDay 2018. The team then rethought, redesigned, and restarted the application and raised $250,000 in its first round of crowdfunding in May 2019. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $278,766, and the funds will be used for marketing, continued app development, salaries, and other expenses. AppApp has already partnered with more than 90 restaurants in New York City and has over 250 monthly active users.
Investment Overview
Invested : $169,855
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 11/14/2019
- Close Date
- 03/06/2020
$50,000
$278,766
$250
SAFE
Seed
RegCF
$6,750,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Analyst Report 
Update
KingsCrowd’s assessment of AppApp has not changed since we last rated it an Underweight Deal. Please see the previous Analyst Report to learn more about why AppApp is a risky investment opportunity.
Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
