About this raise: AppMail, with a valuation of $13.16 million, is raising funds on Wefunder. The company offers interactive email to users that lets them shop, book appointments, and do much more without leaving their inbox. AppMail is integrated with Google products and has successfully executed projects with LATAM Airlines, IAG, and ANA. The company is revolutionizing email marketing by turning static emails into immersive shopping experiences. Shi Li and Duncan Sham founded AppMail in March 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3.8 million. The campaign proceeds will be used for product development, product marketing, and operational expenses.

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Investment Overview

Committed this round: $4,100

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
03/26/2024
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$3,800,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Series B

SEC Filing Type

RegCF / RegA+    Open SEC Filing

Price Per Share

$0.56

Pre-Money Valuation

$13,161,403

Company & Team

Company

Year Founded
2012
Industry
Business Services, Software, & Applications
Tech Sector
CommerceTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Shi Li
Title
CEO
Founder Name
Duncan Sham
Title
Chief Product Officer

Financials

as of Fiscal Year 2023
 Revenue
$3
 Monthly Burn
$20,000
 Runway
0.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$3

$0

COGS

$0

$0

Tax

$21,516

$8,351

 

 

Net Income

$-469,326

$-380,583

Summary Balance Sheet

FY 2023 FY 2022

Cash

$62,399

$439,665

Accounts Receivable

$25,024

$25,024

Total Assets

$87,423

$464,689

Short-Term Debt

$57,573

$26,243

Long-Term Debt

$691,503

$709,119

Total Liabilities

$749,076

$735,362

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,967,882
VC Backed?
Yes
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
AppMail 04/30/2025 Wefunder $13,161,403 $4,100 Equity - Preferred Active RegCF / RegA+
AppMail 10/22/2023 StartEngine $13,023,518 $116,484 Equity - Preferred Funded RegCF
AppMail 01/13/2022 SeedInvest $13,000,000 $0 Equity - Preferred Not Funded RegA+
AppMail 09/26/2021 SeedInvest $13,000,000 $279,512 Equity - Preferred Funded Test the Waters / RegA+
SAM Email by Airto 03/12/2021 StartEngine $19,929,818 $218,376 Equity - Common Funded RegCF
SeatAssignMate 12/07/2018 SeedInvest - $500,654 Debt Funded RegCF / RegD 506(c)
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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.

Employee History

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AppMail on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $13,161,403
Price per Share: $0.56

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