Bhapi
Early Stage
The trusted social media platform built for families
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/19/2022
Close Date
04/30/2022
Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$3,600,000
Valuation Cap
$4,020,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2022
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
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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.
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 |
Financials as of: 01/19/2022
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