BlissDivorce

BlissDivorce

Early Stage

Reach a divorce agreement without the time, cost and conflict of attorneys

Reach a divorce agreement without the time, cost and conflict of attorneys

Overview

Raised this Round: Raised: $508,749

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/21/2020

Close Date

12/16/2020

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Year Founded

2019

Industry

Financial & Insurance Products & Services

Tech Sector

Legaltech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Los Altos, California

Business Type

Growth

BlissDivorce, with a valuation cap of $8 million, is raising funds on Wefunder. The company aims at reducing the time, pain, and expenses involved in the divorce process. It offers personalized and guided experience, affordable pricing, and conflict resolutions through its platform. BlissDivorce was founded by Scott Seidewitz in 2019 and has raised over $740,000 since its inception. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $245,000. The funds will be used for software engineering and design costs for bringing the MVP to the market. BlissDivorce is using disruptive AI-based conflict resolution and other technologies to cater to the unmet needs of the community. The people will be able to get divorced ten months faster and for $20,000 less cost compared to attorneys.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$159,201

$34,877

Accounts Receivable

$0

$0

Total Assets

$163,550

$37,984

Short-Term Debt

$10,000

$0

Long-Term Debt

$100,000

$100,000

Total Liabilities

$110,000

$100,000

Financials as of: 07/21/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
BlissDivorce 01/29/2023 SeedInvest $8,000,000 $426,753 SAFE Funded RegCF / RegD 506(c)
BlissDivorce 12/05/2022 Wefunder $10,000,000 $191,327 SAFE Funded RegCF
BlissDivorce 12/15/2020 Wefunder $8,000,000 $508,749 SAFE Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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BlissDivorce on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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