Bunny Money
Early Stage
The app to Save money while Donating to your favorite Nonprofits
Overview
Raised: $103,750
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/10/2021
Close Date
07/30/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$8,000,000
Valuation Cap
$10,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/31/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$396
# of Investors
108
Momentum
Funded
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Year Founded
2018
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Bunny Money, with a valuation of $10 million, is raising funds on Wefunder. The company has developed an app that helps people save money while donating to their favorite NGOs. The platform allows users to donate money without any processing fees, allocate income to their personal savings and earn a 1% interest using their digital BunnyBank. Bunny Money has already partnered with over 25 non-profits and has a waitlist of more than 700 people. Fabien Lamaison, Cyril Goust, and Thomas Rame founded Bunny Money in April 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for resources, marketing, and cloud and banking infrastructure cost.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$1,325 |
$1,275 |
| ||
| ||
|
Net Income |
$-27,497 |
$-34,474 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$6,946 |
$4,443 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$6,946 |
$4,443 |
|
Short-Term Debt |
$2,526 |
$2,526 |
|
Long-Term Debt |
$84,300 |
$54,300 |
|
Total Liabilities |
$86,826 |
$56,826 |
Financials as of: 11/10/2021
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