DogWorx
Growth Stage
Modern luxury experience for dogs and their humans to work and play—together.
Overview
Raised: $41,461
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/12/2021
Close Date
04/22/2022
Min. Goal
$99,992
Max. Goal
$4,999,992
Min. Investment
$100
Security Type
Equity - Preferred
Series
Series A
SEC Filing Type
RegCF
Price Per Share
$12.20
Early Bird Valuation
$69,255,000
Pre-Money Valuation
$98,820,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$217
# of Investors
73
Momentum
Not Funded
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Year Founded
2021
Industry
Pet Health, Food, and Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
DogWorx, with a valuation of $98.8 million, is raising funds on Wefunder. The company has introduced a work-live-play destination for dogs and their humans in Houston and beyond. The offering includes dog-friendly coworking offices, a cafe and bar, and an event venue integrated with a full spectrum of pet services. The construction of DogWorx is currently underway and is expected to open in January 2022. Michael Lester and Myke Zurenda founded DogWorx in August 2021. The current crowdfunding campaign has a minimum target of $99,992 and a maximum target of $4,999,992. The campaign proceeds will be used for engineering and design, marketing, and trademark enforcement.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,305,000 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$5,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$17,215,923 |
$0 |
|
Short-Term Debt |
$1,305,000 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,305,000 |
$0 |
Financials as of: 10/12/2021
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