Boonoob
About this raise
Boonoob, with a valuation cap of $10 million, is raising crowdfunding on Wefunder. It is a social network for daily life activities and connects people to help each other and spread happiness. The core values of Boonoob revolve around a good planet, good people, good products, good places, good privacy, and good prices. Hesam Jafari founded Boonoob in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for marketing and sales, business development, infrastructure and cybersecurity, and salaries. Boonoob has connected thousands of people and listed hundreds of events. The company will donate 10% of its earnings to non-profits and charities to empower humanity.
Investment Overview
Invested : $50,758
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/20/2020
- Close Date
- 04/15/2021
$50,000
$250,000
$100
SAFE
Early Stage
RegCF
$10,000,000
30%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +742% YoY
- $92,584
- Monthly Burn
- Profitable
-
Cash on Hand
- $42,614
- Gross Margin
- 42%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/15/2021 | Wefunder | $10,000,000 | $50,758 | SAFE | Funded | RegCF |