Fetch Delivery
Early Stage
Personal Shoppers For Your Daily Errands!
Analytics
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
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
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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