DvyUp
Early Stage
Group investing app empowering investors to share resources
Overview
Raised: $43,525
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/05/2022
Close Date
04/30/2023
Min. Goal
$60,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$1,000,000
Discount
10%
Rolling Commitments ($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
$121
# of Investors
74
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
DvyUp, with a valuation of $1 million, is raising funds on Wefunder. The company has developed an app to democratise the stock market and enable social investing. The app makes social investing fun and allows people to invest with their friends and family. The investors get to create a community, pool their money, minimise their risks, and make smart investments. DvyUp will also teach investors the basic principles of investing. Michelle Nealy, Jeffrey Chance, and Christopher A Rogers founded DvyUp in January 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $1,070,000. The campaign proceeds will be used for web development, legal aid, staffing, administrative costs, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,622 |
$-1,171 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$879 |
$651 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$879 |
$651 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/05/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.