Bestest

Bestest

Closed: Sep. 2019

About this raise

Bestest, with a valuation cap of $8 million, is raising funds on MicroVentures. The company has built a social polling app where users can create, share, and participate in polls with a specific target audience. Users can apply the collected data to market research, decision making, and live voting. Bestest was founded by Kelly Helmuth and Lalit Goel in 2017 and has raised $750,000 in previous rounds of funding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $107,000, and the proceeds will be used for continued product development, marketing, user acquisition, and retention capabilities. Bestest has already been used to create 51,840 polls and has received 3.2 million votes since its formal launch in September 2018. The app currently has more than 37,892 users.

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Investment Overview

Invested this round: $49,376

Deal Terms

Total Commitments

Platform
Microventures
Start Date
06/26/2019
Close Date
09/30/2019
Min. Goal
$25,000
Max Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Company & Team

Company

Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
Distribution Model
B2C
Margin
Capital Intensity
Location
Westport, Connecticut
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/30/2019 Microventures $8,000,000 $49,376 Convertible Note Funded RegCF
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Bestest on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $8,000,000

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Warning: according to the close date for this deal, Bestest may no longer be accepting investments.

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