Overview

Raised to Date: Raised: $263,306

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/29/2020

Close Date

05/06/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$5,850,000

Valuation Cap

$6,500,000

Discount

20%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

05/30/2021

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,677

# of Investors

134

Momentum

Funded

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Doodeo

Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Newark, Delaware

Business Type

Growth

Company Website

Doodeo, with a valuation cap of $6.5 million, is raising crowdfunding on Wefunder. The platform is LinkedIn for entertainers and allows users to connect, collaborate, and find opportunities. It uses artificial intelligence to connect clients looking for entertainers with the entertainers looking for work. Doodeo deals with a number of classified websites and plans to target more websites. Rony Hage founded Doodeo in 2018 and has raised over $290,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for product development, marketing, and general and administrative expenses. Doodeo works for 443 categories of entertainers and uses a powerful approach to make the entertainers more creative and more productive.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$0	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$-155,220	$-25

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$12,083	$175
Accounts Receivable	$0	$0
Total Assets	$12,083	$175
Short-Term Debt	$0	$0
Long-Term Debt	$0	$0
Total Liabilities	$0	$0

Financials as of: 11/29/2020

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Doodeo	06/20/2023	Wefunder	$12,000,000	$251,500	SAFE	Funded	RegCF
Doodeo	05/05/2021	Wefunder	$6,500,000	$263,306	SAFE	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

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

Doodeo Founder Rony Hage Is Bringing Tech to Entertainment

The entertainment industry has long been one based on connections, which can make it hard for new or undiscovered entertainers to find work. The pandemic has further exacerbated this issue. A lack of live performance opportunities — often the main source of income for entertainers — has forced people to find other ways to put their talents to work.

Doodeo wants to eliminate this problem. It is creating an all-encompassing platform for entertainers, bringing together live-streaming capabilities, social media, ad creation, and gig discovery in one place. To find out more about this ambitious idea, we spoke to founder and CEO Rony Hage. He told us about how years of experience in the entertainment industry revealed the need for a platform like Doodeo.

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

Read Founder Interview