Dockshare

Dockshare

Closed: Oct. 2023

About this raise

Dockshare, with a valuation of $7 million, is raising funds on Wefunder. The company has developed an online marketplace for dock owners and boaters to connect. The platform enables boaters to get on-demand access to docks for short or long-term rentals and for dock owners to bring in extra income. Dockshare makes the process secure, more convenient, and cost-effective. Nate Young and Gina Perrone founded Dockshare in May 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, personnel, and development.

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Investment Overview

Invested this round: $143,025

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
06/23/2023
Close Date
11/01/2023
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$250

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
TOWSON, Maryland
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Nate Young
Title
CEO
Founder Name
Gina Perrone Young
Title
COO

Financials

 Revenue
$4,610
as of FY2022
 Monthly Burn
$4,095
as of FY2022
 Runway
0.3 months
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$4,610

$0

COGS

$4,610

$0

Tax

$0

$0

 

 

Net Income

$-49,142

$-216,741

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,092

$3,056

Accounts Receivable

$0

$0

Total Assets

$1,092

$3,056

Short-Term Debt

$0

$4,424

Long-Term Debt

$158,438

$152,100

Total Liabilities

$158,438

$156,524

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$125,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/01/2023 Wefunder $7,000,000 $143,025 SAFE Funded RegCF
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Add to portfolio
Dockshare on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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