Boostly

Growth Stage
The SMS marketing platform for restaurants
Overview
Raised: $38,814
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
403
% of Min. Goal
155%
% of Max. Goal
31%
Likelihood of Max
Avg. Daily Raise
$2,588
# of Investors
86
Momentum
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Year Founded
2017
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Boostly, with a valuation of $25 million, is raising funds on Wefunder. The company has developed an SMS marketing platform for restaurants. The platform can be integrated with the point of sale and online ordering systems of restaurants for automated text marketing and feedback. Boostly is led by an experienced team and has over 400 customers with an MRR of $105,000. Shane Murphy and Michael Murphy founded Boostly in October 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for sales and marketing.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$1,013,060 |
$467,713 |
COGS |
$178,697 |
$101,386 |
Tax |
$100 |
$100 |
| ||
| ||
Net Income |
$-406,123 |
$-141,960 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$1,480,359 |
$200,836 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,495,019 |
$215,496 |
Short-Term Debt |
$23,155 |
$25,820 |
Long-Term Debt |
$227,213 |
$236,558 |
Total Liabilities |
$250,368 |
$262,378 |
Financials as of: 03/08/2023
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