BoatBites
About this raise
BoatBites, with a valuation of $8 million, is raising funds on Wefunder. The company has developed an app to connect boaters and beachgoers to their needs. BoatBites enables the delivery of cold beer, hot food, ice, sunscreen, and other useful items to the boaters and beachgoers so they don’t need to leave their fun in the sun. The app works as Uber Eats for boaters and has several partnerships in place. John Bonaccorso founded BoatBites in July 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for marketing, mobile app improvement, dealer development, cash on hand, and general and administrative expenses.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 12/21/2023
- Close Date
- 04/29/2024
$50,000
$400,000
$100
SAFE
Early Stage
RegCF
$6,000,000
$8,000,000
20%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$8,425
as of FY2022
-
Runway
-
2.2 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $8,000,000 | $0 | SAFE | Not Funded | RegCF |
