BusinessOnBot

Early Stage

Automated sales and user acquisition on WhatsApp for businesses in India

Analytics

Raised to Date: Raised: $81,705

Aggregate Commitments $

Platform

Wefunder

Start Date

06/17/2021

Close Date

10/16/2021

Min. Goal

$50,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

10/31/2021

Days Remaining
Funded
% of Min. Goal

163%

% of Max. Goal

82%

Likelihood of Max
Funded
Avg. Daily Raise

$675

Momentum
Funded
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

San Francisco, California

Industry

Business Services, Software, & Applications

Tech Sector

CommerceTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

BusinessOnBot, with a $10 million valuation cap, is raising funds on Wefunder. The company uses an artificial intelligence-based system to acquire users and automate sales through WhatsApp for businesses in India. The system helps in reducing acquisition costs and growth of sales. Mohit Kumar and Aditya Chintapalli founded BusinessOnBot in December 2020. The current crowdfunding round has a minimum raise of $50,000 and a maximum raise of $100,000, and the funds will be used towards sales and marketing and hiring of data scientists to build vernacular AI. BusinessOnBot is growing at 25% WoW in MRR and has $8,000 in booked MRR since the launch in January 2021.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/17/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

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
BusinessOnBot on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

Follow company

Follow BusinessOnBot on Wefunder 2021