Boonoob
Early Stage
A Social Network for happiness and helping each other during pandemic and beyond
Overview
Raised: $50,758
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/20/2020
Close Date
04/15/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
30%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$287
# of Investors
34
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$92,584 |
$11,000 |
|
COGS |
$53,699 |
$7,840 |
|
Tax |
$4,205 |
$0 |
| ||
| ||
|
Net Income |
$14,312 |
$-5,000 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$42,614 |
$0 |
|
Accounts Receivable |
$60,892 |
$0 |
|
Total Assets |
$103,506 |
$0 |
|
Short-Term Debt |
$84,195 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$84,195 |
$0 |
Financials as of: 10/20/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.