Bluelight

Bluelight

Closed: Jun. 2021

About this raise

Bluelight, with a $14 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a financial data platform for high-performing businesses. The platform uses software to aggregate and benchmark metrics from startups. Alex Lee, Alex Dixon, and Stewart Lamke founded Bluelight in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $200,000, will be used towards engineering, business development, marketing, and operations. Bluelight has a strong founding team and already has an MRR of $2,000 with its ten customers. The business has launched at the right time when economic crisis and disparate software innovation is reaching finance.

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Investment Overview

Invested this round: $158,777

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/27/2021
Close Date
06/23/2021
Min. Goal
$50,000
Max Goal
$200,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,000,000

Valuation Cap

$14,000,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
San Francisco, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Alex Lee
Title
CEO
Founder Name
Stewart Lamke
Title
Co-Founder
Founder Name
Alex Dixon
Title
Co-Founder

Financials

 Revenue
$0
 Monthly Burn
$4,219
 Runway
24+ months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-50,633

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$189,467

$0

Accounts Receivable

$0

$0

Total Assets

$189,467

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/23/2021 Wefunder $14,000,000 $158,777 SAFE Funded RegCF
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Add to portfolio
Bluelight on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $14,000,000

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Follow Bluelight on Wefunder

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