ASTRALABS

Growth Stage

The Global Portfolio of Startups

Analytics

Raised to Date: Raised: $626,458

Aggregate Commitments $

Platform

Wefunder

Start Date

07/15/2021

Close Date

11/12/2021

Min. Goal

$100,001

Max. Goal

$4,000,004

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$119,000,000

Rolling Commitments $

Status
Funded
Reporting Date

11/28/2021

Days Remaining
Funded
% of Min. Goal

626%

% of Max. Goal

16%

Likelihood of Max
Funded
Avg. Daily Raise

$5,220

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Austin, Texas

Industry

Financial & Insurance Products & Services

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

High Growth

ASTRALABS, with a pre-money valuation of $119 million, is raising crowdfunding on Wefunder. The company is building the infrastructure for the startup and investor ecosystem. It helps in building the teams from the ground up and utilize their technology to develop and scale quickly. Andrew Ryan founded ASTRALABS in 2016. The proceeds of the current crowdfunding raise, with a minimum target of $100,001 and a maximum target of $4,000,004, will be used for marketing, advertising, technology development, content development, acquisitions, and revenue-generating activities. ASTRALABS has a global startup portfolio of over $100 million across 20 verticals and 35 countries and is ranked in the Top 50 Startups by G-Startups Worldwide.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,691,136

$761,080

COGS

$190,490

$12,964

Tax

$0

$0

 

 

Net Income

$-442,255

$-919,180

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$109,303

$6,280

Accounts Receivable

$283,131

$147,438

Total Assets

$567,918

$305,238

Short-Term Debt

$655,885

$297,233

Long-Term Debt

$149,900

$1,364,202

Total Liabilities

$805,785

$1,661,435

Financials as of: 07/15/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ASTRALABS 11/12/2021 Wefunder $119,000,000 $626,458 Equity - Preferred Funded RegCF
ASTRALABS 03/17/2021 Wefunder $69,300,000 $1,070,000 Equity - Preferred Funded RegCF
Newchip 10/05/2018 Wefunder $15,000,000 $647,915 SAFE Funded RegCF
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
ASTRALABS on Wefunder 2021
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $119,000,000
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow ASTRALABS on Wefunder 2021