extraSlice
About this raise
extraSlice, with a valuation of $20 million, is raising funds on Wefunder. The company has developed the world’s first Agile office space platform that helps to search and sign for office spaces. The platform makes leasing an office space very easy and fast without sacrificing the benefits of a traditional office. extraSlice is currently at an ARR of $2 million, with its inventory 100% occupied. Meghana Subramaniam and Binu Subramaniam founded extraSlice in January 2018. The current crowdfunding campaign has a minimum target of $99,999 and a maximum target of $4,999,999. The campaign proceeds will be used for marketing, software product development, and supply creation.
Investment Overview
Invested : $449,658
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/15/2021
- Close Date
- 04/30/2022
$99,999
$4,999,999
$100
Equity - Preferred
Seed
RegCF
$1.50
$18,999,763
$20,032,083
Company & Team
Company
- Year Founded
- 2021
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue -56% YoY
- $967,387
- Monthly Burn
- $33,617
-
Runway
- 2.1 months
- Gross Margin
- 48%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,538,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | Wefunder | $20,032,083 | $449,658 | Equity - Preferred | Funded | RegCF |