ENDspam
Early Stage
Want to stop unwanted robocalls & reclaim your phone? ENDspam makes it possible!
Overview
Raised: $5,100
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/02/2023
Close Date
04/30/2023
Min. Goal
$200,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$15,000,000
Discount
15%
Rolling Commitments ($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
$189
# of Investors
12
Momentum
Not Funded
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
CommerceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
ENDspam, with a valuation of $15m, is raising funds on Wefunder. The company is ENDspam has created a unique solution that will eliminate a problem 30 years in the making; an intelligent call filtering system will make unwanted telemarketing and scam calls a thing of the past! By using the data embedded in the calls themselves, we’ll be able to identify and redirect unwanted calls into our machine learning/artificial intelligence systems for analysis, instead of to your phone. Founded ENDspam in 2023, the current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1,235,000. The campaign proceeds will be used for staffing and operational expenses.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$10,287 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-68,729 |
$-19,376 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$11,940 |
$2,024 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$11,940 |
$2,024 |
|
Short-Term Debt |
$9,056 |
$21,400 |
|
Long-Term Debt |
$90,913 |
$0 |
|
Total Liabilities |
$99,969 |
$21,400 |
Financials as of: 04/02/2023
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