Card Blanch

Card Blanch

Early Stage

One Card That Will Replace all Your Bank and Reward Cards

One Card That Will Replace all Your Bank and Reward Cards

Overview

Raised to Date: Raised: $1,019,665

Total Commitments ($USD)

Platform

Wefunder

Start Date

09/15/2021

Close Date

04/29/2022

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,500,000

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$4,512

# of Investors

573

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

San Jose, California

Business Type

Growth

Card Blanch, with a valuation of $5 million, is raising funds on Wefunder. The company is combining all the bank cards and loyalty cards of users into one card. The one card of Card Blanch will consolidate and replace all the bank cards and rewards cards and will help users to decide which connected card is the best to use for a given merchant. Card Blanch has a partnership with Visa and has been featured on International Business Times, TechStartups, and Entrepreneur. Leo Goriev founded Card Blanch in May 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used for IT development, marketing and sales, and administration and operations costs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-12,492

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$37,435

$0

Accounts Receivable

$0

$0

Total Assets

$487,508

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/15/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Card Blanch 03/31/2024 PicMii $6,000,000 $4,900 SAFE Active RegCF
Card Blanch 04/29/2022 Wefunder $5,000,000 $1,019,665 SAFE Funded RegCF
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Card Blanch on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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