Booji
Early Stage
A Live Interactive Trivia App where fans can win products from major Brands
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/15/2023
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$15,000,000
Valuation Cap
$20,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
324
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2018
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B2C
Margin
High
Capital Intensity
Low
Booji, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an interactive trivia app for fans to win products from major brands. The mobile gaming platform hosts live events and provides gamified engagement opportunities for sports and music superstars, lifestyle brands, fans, enthusiasts, and aspirational customers. Booji is led by an experienced team and has many celebrities, including Scott Rogowsky, onboard to host live events. Jason Linker founded Booji in September 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for prize procurement, talent acquisition, R&D of the platform and app, and the official public launch of the app.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$1 |
$644 |
|
COGS |
$-5,654 |
$15,022 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-94,039 |
$-506,625 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$9,141 |
$51,289 |
|
Accounts Receivable |
$1,000 |
$10,600 |
|
Total Assets |
$153,013 |
$190,203 |
|
Short-Term Debt |
$146,957 |
$90,108 |
|
Long-Term Debt |
$1,545,000 |
$1,545,000 |
|
Total Liabilities |
$1,691,957 |
$1,635,108 |
Financials as of: 05/15/2023
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