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.

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Investment Overview

Invested this round: $1,472,318

Deal Terms

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    Open SEC Filing

Valuation Cap

$28,000,000

Discount

0%

Company & Team

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

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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Company Funding & Growth

Funding history

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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Growth Charts

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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Add to portfolio
BuyAlerts on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $28,000,000

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Follow BuyAlerts on Republic 2023

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Warning: according to the close date for this deal, BuyAlerts may no longer be accepting investments.

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