Doofus Corporation
Early Stage
Our Roguehog APP introduces a new level of risk assessment for auto insurers
Analytics
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
Avg. Daily Raise
$2,054
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
Wilmington, Delaware
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: 05/31/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
