BuyAlerts (2023)

About this raise

BuyAlerts, with a valuation of $28 million, is raising funds on Republic. The company has developed an AI-powered financial platform to provide trade alerts on when to buy and sell stocks. The platform 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 $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for operations, general working capital, marketing, and research and product development.

Investment Overview

Invested this round: $1,472,318

Deal Terms
Company & Team

Total Commitments

Platform: Republic
Start Date: 03/14/2023
Close Date: 07/13/2023

Min. Goal
$25,000

Max Goal
$5,000,000

Min. Investment

$100

Security Type

SAFE

Company Stage

Growth Stage

SEC Filing Type

RegCF

Valuation Cap

$28,000,000

Discount

Company

Year Founded: 2022
Industry: Financial & Insurance Products & Services
Tech Sector: Fintech
Distribution Model: B2C
Margin: High
Capital Intensity: Low
Location: Miami, Florida
Business Type: High Growth
Company Website: Visit Website

Team

Employees: 2
Prior Founder Exits?: No

Founder Name: Ed Cruz
Title: CEO

Financials

Revenue: $3,660,153
as of FY2022
Monthly Burn: Profitable
as of FY2022
Cash on Hand: $840,543
as of FY2022
Gross Margin: 96%
as of FY2022

View Detailed Financials

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

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Ratings

Total Prior Capital Raised: $0
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
04/01/2025	DealMaker Securities	$77,000,000	$314,150	Equity - Common	Funded	RegCF
04/29/2024	DealMaker Securities	$77,000,000	$1,789,435	SAFE	Funded	RegCF
07/13/2023	Republic	$28,000,000	$1,472,318	SAFE	Funded	RegCF

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Revenue
Valuation
Price per Share
Employees

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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View on Republic

SAFE, $28M • Closed

9 Following

Add to Portfolio

25 Invested

Deal Considerations

Key Challenges
- No key challenges found
Other Risks
- No other risks found

BuyAlerts (2023)

BuyAlerts (2023)

About this raise