ChoreRelief (2017)

ChoreRelief (2017)

About this raise

ChoreRelief, with a valuation of $7.5 million, is raising funds on StartEngine. It is a mobile app and SaaS platform that is beneficial for both customers and service providers. For customers, ChoreRelief helps them find the service they need and want at the budget and timing they need and want. The app offers two-way communication between the customer and provider, and once the service is complete, you can pay for your service directly through the app. Tarik Khribech founded ChoreRelief in May 2016. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $100,000. The campaign proceeds will be used to further develop the app, test market the beta system in a limited market, and expand infrastructure.

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Investment Overview

Invested this round: $40,846

Deal Terms

Platform
StartEngine
Start Date
03/20/2017
Close Date
06/30/2017
Min. Goal
$35,000
Max Goal
$100,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$7,500,000

Company & Team

Company

Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Chicago, Illinois
Company Website
Visit Website

Team

Funding data not publicly available

Financials

as of Fiscal Year 2016
 Revenue
$0
 Monthly Burn
$13,463
 Runway
0 months

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-161,555

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/30/2018 StartEngine $6,472,539 $0 Equity - Common Not Funded RegCF
06/30/2017 StartEngine $7,500,000 $40,846 Equity - Common 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
ChoreRelief on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,500,000
Price per Share: $1.00

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Follow ChoreRelief on StartEngine 2017

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

ChoreRelief Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether ChoreRelief is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

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