Bhapi

Bhapi

Closed: Apr. 2022

About this raise

Bhapi, with a valuation of $4.02 million, is raising funds on Wefunder. The company has developed a social media platform for families that ensures data privacy, safety, and joy. The platform has no toxic content, is focused on security and privacy, and offers an NFT digital marketplace and wallet. Bhapi plans to derive revenue from in-app purchases, monthly app subscriptions, and digital NFT marketplace and wallet. Michael Esber founded Bhapi in March 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, operations, finance, and development resources.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
01/20/2022
Close Date
04/30/2022
Min. Goal
$100,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,600,000

Valuation Cap

$4,020,000

Discount

10%

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Wilmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Michael Esber
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$2,570
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-30,835

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$955

$0

Accounts Receivable

$0

$0

Total Assets

$35,349

$0

Short-Term Debt

$0

$0

Long-Term Debt

$80,400

$0

Total Liabilities

$80,400

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2022 Wefunder $4,020,000 $0 SAFE Not Funded RegCF
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Add to portfolio
Bhapi on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $4,020,000

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Follow Bhapi on Wefunder 2022

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

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