BlackFULLness
Early Stage
Being Black is stressful, but inner peace is real. Our app has your back.
Overview
Raised: $69,058
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/28/2022
Close Date
02/03/2023
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$2,000,000
Valuation Cap
$2,500,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/27/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$437
# of Investors
133
Momentum
Funded
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Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
BlackFULLness, with a valuation of $2.5 million, is raising funds on Wefunder. The company has developed an app for stress reduction and healing justice through mindfulness. The app has been developed for and by Black people to ease their anger and anxiety, reduce stress, and provide holistic fortitude. BlackFULLness is a unique lens of a culturally relevant mindfulness media company and has award-winning app content. Sonia Russell and David L. Walker Jr. founded BlackFULLness in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for development, engineering, marketing, and talent acquisition.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,057 |
$0 |
|
COGS |
$1,000 |
$0 |
|
Tax |
$1,250 |
$0 |
| ||
| ||
|
Net Income |
$-16,690 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,378 |
$4,300 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$6,639 |
$4,300 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/28/2022
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