extraSlice

extraSlice

Early Stage

Office Space Simplified

Office Space Simplified

Overview

Raised to Date: Raised: $449,658

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/14/2021

Close Date

04/29/2022

Min. Goal
$99,999
Max. Goal
$4,999,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Early Bird Valuation

$18,999,763

Pre-Money Valuation

$20,032,083

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,283

# of Investors

302

Momentum
Funded
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Year Founded

2021

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

San Francisco, California

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$967,387

$2,214,788

COGS

$501,143

$1,167,789

Tax

$12,385

$31,742

 

 

Net Income

$-403,399

$-5,052

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$72,169

$204,904

Accounts Receivable

$46,404

$39,318

Total Assets

$418,188

$994,066

Short-Term Debt

$206,726

$102,523

Long-Term Debt

$290,827

$567,509

Total Liabilities

$497,553

$670,032

Financials as of: 10/14/2021
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extraSlice on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $20,032,083
Price per Share: $1.50

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

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