Overview

Raised to Date: Raised: $44,724

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/15/2020

Close Date

07/30/2021

Min. Goal

$10,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    

Price Per Share

$4.00

Pre-Money Valuation

$4,091,668

Rolling Commitments ($USD)

Status

Funded

Reporting Date

07/31/2021

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$198

Momentum

Funded

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Dashible

Year Founded

2019

Industry

Retail Shops & Department Stores

Tech Sector

AdTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Briarwood, New York

Business Type

Growth

Company Website

Dashible, with a post-money valuation of $4.3 million, is raising crowdfunding on NetCapital. The company offers an integrated platform to connect local retailers and consumers and build long-lasting relationships among them. The platform helps consumers find good deals, discounts, and promotions and lets businesses reach new customers and increase revenue. Marvin Johnson and Tony Carter founded Dashible in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $250,000, will be used for payroll, sales and marketing, and technology. Dashible ecosystem provides benefits to both consumers and businesses. It charges businesses a monthly subscription fee after giving a free trial.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$624	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$-27,838	$0

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$2,325	$0
Accounts Receivable	$0	$0
Total Assets	$2,325	$0
Short-Term Debt	$15,154	$0
Long-Term Debt	$0	$0
Total Liabilities	$15,154	$0

Financials as of: 12/15/2020

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Interview with Dashible Co-Founder Marvin Johnson

Small businesses are constantly striving to attract and keep customers. A popular method to get customers’ attention is offering special deals or coupons. However, many of the current tools for deal/coupon creation are costly and aren’t tailored to meet the needs of a small, local business.

Dashible wants to enable all small businesses to offer deals whenever they would like, with the terms that work best for them. The Dashible app provides a key connection point between consumers and small businesses — strengthening the patronage of local companies while providing consumers with deal suggestions that are based on their personal preferences. We spoke to co-founder and CEO Marvin Johnson to learn where the inspiration for Dashible came from and where he sees the company going.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview