Fetch Delivery

Fetch Delivery

Early Stage

Personal Shoppers For Your Daily Errands!

Personal Shoppers For Your Daily Errands!

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/16/2022

Close Date

07/15/2022

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

1%

Year Founded

2013

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Santa Fe, New Mexico

Business Type

Life Style

Fetch Delivery, with a valuation of $15 million, is raising funds on Wefunder. The company provides personal shoppers to run errands for people. The personal concierge of Fetch Delivery fetches groceries, laundry, health and beauty products, medicines, and other things for people and helps them split the costs to make the service affordable. Fetch Delivery has completed 60,000 deliveries to date and generated $3 million in revenue. Gordon Schaeffer founded Fetch Delivery in July 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for operations, technology, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$995,317

$1,154,490

COGS

$366,583

$375,069

Tax

$12,040

$300

 

 

Net Income

$-443,263

$-383,654

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,124

$255,157

Accounts Receivable

$0

$25,000

Total Assets

$77,624

$282,657

Short-Term Debt

$425

$8,025

Long-Term Debt

$0

$0

Total Liabilities

$425

$8,025

Financials as of: 06/16/2022
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Fetch Delivery on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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