Doofus Corporation

Doofus Corporation

Early Stage

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

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

Overview

Raised this Round: 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    Open SEC Filing

Price Per Share

$0.01

Pre-Money Valuation

$5,132,500

Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Wilmington, Delaware

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: 05/30/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Doofus Corporation on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Common
Valuation: $5,132,500
Price per Share: $0.01

Follow company

Follow Doofus Corporation on Wefunder 2022

Buy Doofus Corporation's Deal Report

Warning: according to the close date for this deal, Doofus Corporation may no longer be accepting investments.

Doofus Corporation Deal Report

Get KingsCrowd’s comprehensive report on Doofus Corporation including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Doofus Corporation is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Doofus Corporation deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge