Fetch Delivery

Early Stage

Personal Shoppers For Your Daily Errands!

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Wefunder

Start Date

06/17/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Price Per Share

$2.00

Valuation Cap

$15,000,000

Discount Rate

1%

Rolling Commitments $

Status

Active

Reporting Date

06/27/2022

Days Remaining

307

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
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Location

Santa Fe, New Mexico

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

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: 06/17/2022
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Fetch Delivery on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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