CrowdLustro

CrowdLustro

Early Stage

An Equity Crowdfunding Aggregator and Research Platform

An Equity Crowdfunding Aggregator and Research Platform

Overview

Raised to Date: Raised: $92,563

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2021

Close Date

12/23/2021

Min. Goal
$190,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,500,000

Valuation Cap

$4,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/28/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$293

Momentum
Not Funded
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Year Founded

2020

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Charleston, South Carolina

Business Type

High Growth

CrowdLustro, with a valuation cap of $4 million, is raising funds on Wefunder. The company has developed a due diligence and aggregation platform for equity crowdfunding. The platform helps new and experienced investors research and analyze crowdfunding deals by aggregating all Reg CF deals and sorting them. Michael Knox and JB Joseph founded CrowdLustro in November 2020. The current crowdfunding campaign of the company has a minimum target of $190,000 and a maximum target of $500,000. The proceeds will be used for marketing, working capital, future wages, tech development, and mobile app development. CrowdLustro has already documented over 3,300 crowdfunding offerings since its inception.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,249

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,677

$0

Accounts Receivable

$0

$0

Total Assets

$50,000

$0

Short-Term Debt

$53,249

$0

Long-Term Debt

$0

$0

Total Liabilities

$53,249

$0

Financials as of: 02/09/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Lustro (previously CrowdLustro) 04/29/2023 Wefunder $5,000,000 $222,685 Convertible Note Funded RegCF
CrowdLustro 12/22/2021 Wefunder $4,000,000 $92,563 Convertible Note Not Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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CrowdLustro on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $4,000,000

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