Overview
Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
BuyAlerts, with a valuation of $77 million, is raising funds on Dealmaker Securities. The company has developed an AI-powered financial platform to provide trade alerts on when to buy and sell stocks. BuyAlerts contains an instant library of alpha signals for stock selection, investment management, risk management, and idea generation and includes actionable quality data backed by a trusted team of analysts. BuyAlerts generated $3 million in revenue in 2022 and aims to reach an ARR of more than $20 million in 2023. Herman Edwin Cruz founded BuyAlerts in April 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3.5 million. The campaign proceeds will be used for operations, general working capital, marketing, and research and product development.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$3,660,153 |
$0 |
COGS |
$133,793 |
$0 |
Tax |
$256,039 |
$0 |
| ||
| ||
Net Income |
$963,196 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$840,543 |
$0 |
Accounts Receivable |
$358,692 |
$0 |
Total Assets |
$1,199,235 |
$0 |
Short-Term Debt |
$256,039 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$256,039 |
$0 |
Financials as of: 08/15/2023
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