Doofus Corporation

Early Stage

Our Roguehog APP introduces a new level of risk assessment for auto insurers

Analytics

Raised to Date: Raised: $51,351

Aggregate Commitments $

Platform

Wefunder

Start Date

05/31/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$0.01

Pre-Money Valuation

$5,132,500

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

51%

% of Max. Goal

21%

Likelihood of Max
extremely
Avg. Daily Raise

$2,054

Momentum
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Location

Wilmington, Delaware

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Doofus Corporation, with a valuation of $5.13 million, is raising funds on Wefunder. The company has developed an app that assesses the driving behaviors of drivers and generates AI-generated reports identifying vehicles driven recklessly. The app, Roguehog, provides real data for safer roads and discoverable records of vehicle accidents. Doofus Corporation is an innovative product with excellent prospects and could replace the existing risk assessment models. Jacques Fourie founded Doofus Corporation in August 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for administration, sales and marketing salaries, software development salaries, and office expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-121,789

$-122,345

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$715

$225

Accounts Receivable

$0

$0

Total Assets

$58,020

$2,479

Short-Term Debt

$186,892

$78,238

Long-Term Debt

$0

$-29,325

Total Liabilities

$186,892

$48,913

Financials as of: 05/31/2022
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Doofus Corporation on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Common
Valuation: $5,132,500

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