Evrmore

Early Stage

1st Mover Digital Wellness App Using Emotion AI for Underserved Youth

Analytics

Raised to Date: Raised: $114,569

Aggregate Commitments $

Platform

Wefunder

Start Date

02/23/2021

Close Date

09/09/2021

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$2,500,000

Discount Rate

20%

Rolling Commitments $

Status
Funded
Reporting Date

09/30/2021

Days Remaining
Funded
% of Min. Goal

115%

% of Max. Goal

46%

Likelihood of Max
Funded
Avg. Daily Raise

$579

Momentum
Funded
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Location

New York, New York

Industry

Fitness & Wellness

Tech Sector

AutomationTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Evrmore, with a $3 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a digital wellness app using emotional artificial intelligence. It serves as the social and mentor network for underserved youth to speak their truth and stay on track. Ivy Mahscio founded Evrmore in November 2019. The current crowdfunding round of the company has a minimum goal of $100,000 and a maximum goal of $250,000. The funds will target the launch of the D2C app in the iOS app store, the development of the app for Apple Watch, the development of social analytics dashboard, and the development of Alexa Skills for the app. Evrmore has over 30,000 users and has reported a 583% user growth per month.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-55,071

$-4,000

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$14,929

$4,000

Accounts Receivable

$0

$0

Total Assets

$14,929

$4,000

Short-Term Debt

$3,000

$4,000

Long-Term Debt

$0

$0

Total Liabilities

$3,000

$4,000

Financials as of: 02/23/2021
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Evrmore on Wefunder
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Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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