BuyAlerts
Growth Stage
AI technology for the markets
Overview
Raised: $582,993
Total Commitments ($USD)
Platform
Republic
Start Date
03/14/2023
Close Date
05/12/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$28,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
46
% of Min. Goal
2,332%
% of Max. Goal
47%
Likelihood of Max
Avg. Daily Raise
$44,846
# of Investors
323
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$3,660,153 |
$0 |
|
COGS |
$1,884,759 |
$0 |
|
Tax |
$254,107 |
$0 |
| ||
| ||
|
Net Income |
$955,927 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$840,543 |
$0 |
|
Accounts Receivable |
$349,490 |
$0 |
|
Total Assets |
$1,190,033 |
$0 |
|
Short-Term Debt |
$254,107 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$254,107 |
$0 |
Financials as of: 03/14/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Analyst Report
Pending Review
Are you the founder of BuyAlerts? Create your account today to claim this raise page.