Big Idea
Early Stage
Transforming Ideas into Digital Assets: The Future of Intellectual Property
Overview
Raised: $36,060
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/08/2023
Close Date
01/15/2024
Min. Goal
$15,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$12,000,000
Valuation Cap
$15,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$538
# of Investors
33
Momentum
Funded
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Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Big Idea, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a platform for people to register their ideas and innovations. Big Idea is the first step to protecting ideas for innovators, creators, inventors, and entrepreneurs. The platform provides the necessary tools for people to provide proof of ownership and safeguard their intellectual property. Nathan Hecker and Jarid Arnold founded Big Idea in February 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for research and development, marketing, payroll, operations, and legal expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-40,000 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$10,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$50,801 |
$0 |
|
Short-Term Debt |
$10,800 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$10,800 |
$0 |
Financials as of: 11/08/2023
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