Boostly

Growth Stage

The SMS marketing platform for restaurants

Overview

Raised to Date: Raised: $38,814

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/08/2023

Close Date

04/29/2024

Min. Goal

$25,000

Max. Goal

$124,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$25,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

403

% of Min. Goal

155%

% of Max. Goal

31%

Likelihood of Max
extremely
Avg. Daily Raise

$2,588

# of Investors

86

Momentum
hot.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Marketing & Advertising

Tech Sector

AdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Orem, Utah

Business Type

Growth

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
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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 Pro

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Are you the founder of Boostly? Create your account today to claim this raise page.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Boostly on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

Follow company

Follow Boostly on Wefunder 2023
View on Wefunder