Bee Mortgage App

Bee Mortgage App

Early Stage

By Mortgage Pros for Generation Mobile | $3.4 Trillion Market

By Mortgage Pros for Generation Mobile | $3.4 Trillion Market

Overview

Raised to Date: Raised: $1,180,742

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/22/2020

Close Date

09/29/2021

Min. Goal
$50,000
Max. Goal
$1,200,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,000,400

Valuation Cap

$12,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/02/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,797

# of Investors

853

Momentum
Funded
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Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Jacksonville, Florida

Business Type

High Growth

Bee Mortgage App, with a valuation cap of $12 million, is raising crowdfunding on Wefunder. The modern app, backed by a team experienced in lending, blockchain, and mobile application development, manages the entire loan process from start to end over the mobile interface. The patent-pending automation framework of the Bee Mortgage App focuses on decentralized data validation protocols and provides access to home loans 24/7. Bee Mortgage App was founded by Curtis Wood, Cynthia Wood, Kristin Scheurer, Holly Davis, Matt Offers, Munir Valiani, Suzanne Bearry, David Braun, and Dwight Skyers in 2019. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $769,600, and the funds will be used towards product development, advertising and traction, and operations. Bee Mortgage App is the only mobile mortgage app built on blockchain, with patent-pending technology and up to three times loan production capacity.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/22/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bee (previously Bee Mortgage App) 08/18/2022 Wefunder $15,000,000 $490,500 SAFE Funded RegCF
Bee Mortgage App 09/29/2021 Wefunder $12,000,000 $1,180,742 SAFE Funded RegCF
Bee Mortgage App 11/17/2020 Fundopolis $5,000,000 $298,450 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Bee Mortgage App on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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