Bula Technologies

Early Stage

The first platform to dare or challenge friends to anything, anytime, anywhere!

Analytics

Raised to Date: Raised: $205,950

Aggregate Commitments $

Platform

Wefunder

Start Date

08/01/2022

Close Date

04/30/2023

Min. Goal

$250,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$12,500,000

Discount Rate

100%

Rolling Commitments $

Status

Active

Reporting Date

08/17/2022

Days Remaining

256

% of Min. Goal

82%

% of Max. Goal

41%

Likelihood of Max
extremely
Avg. Daily Raise

$12,872

Momentum
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Location

Miami Beach, Florida

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Bula Technologies, with a valuation of $12.5 million, is raising funds on Wefunder. The company has developed a platform for users to dare or challenge their friends to anything, anytime, and anywhere. The social challenge app of Bula Technologies, Bula, tracks challenges from start to end, allows people to compete for glory and prizes, and shares their stories for the world to see. Bula uses advanced technology and is the first platform to engage all challengers and viewers. Jack Booty, Josh Booty, and Michael Caplovitz founded Bula Technologies in January 2021. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $500,000. The campaign proceeds will be used for development, marketing, team salaries, travel, and other expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-229,889

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$471,281

$0

Accounts Receivable

$0

$0

Total Assets

$744,701

$0

Short-Term Debt

$24,500

$0

Long-Term Debt

$0

$0

Total Liabilities

$24,500

$0

Financials as of: 08/01/2022
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Bula Technologies on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $12,500,000

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