Azzida

Azzida

Early Stage

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Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/06/2021

Close Date

01/27/2021

Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,750,000

Discount

15%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/26/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Norfolk, Virginia

Business Type

Growth

Azzida, with a valuation cap of $5.75 million, is raising funds on Wefunder. The company has developed a mobile application that helps to find dependable helpers for odd jobs. The app saves time and money for people and is changing the contractor bidding model to a ‘name your price’ model. Lawrence Bunnell founded Azzida in March 2020. The current crowdfunding raise has a minimum target of $100,000 and a maximum target of $250,000, and the funds will be used for product development, sales and marketing, operations, compliance, and COGS. Azzida follows a simple process where the job posters describe the job they want to be done, schedule the date, and name their price. Afterward, they just select one of the applicants and get the work done.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-7,129

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,161

$0

Accounts Receivable

$0

$0

Total Assets

$12,878

$0

Short-Term Debt

$149

$0

Long-Term Debt

$20,155

$0

Total Liabilities

$20,304

$0

Financials as of: 01/06/2021
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Azzida on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,750,000

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