Boostly
[Closed for Investment] 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.
Investment Overview
Raised: $33,937
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/08/2023
- Close Date
- 04/07/2023
$25,000
$124,000
$100
SAFE
Seed
RegCF
$25,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Marketing & Advertising
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +117% YoY
- $1,013,060
- Monthly Burn
- $33,844
-
Runway
- 24+ months
- Gross Margin
- 82%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,659,251
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/07/2023 | Wefunder | $25,000,000 | $33,937 | SAFE | Funded | RegCF |