Doofus Corporation
Early Stage
Our Roguehog APP introduces a new level of risk assessment for auto insurers
Overview
Raised: $2,850
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/30/2022
Close Date
04/30/2023
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.01
Pre-Money Valuation
$5,132,500
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$9
# of Investors
8
Momentum
Not Funded
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Year Founded
2016
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
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: 05/30/2022
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