FetchFind

FetchFind

Closed: Jul. 2017

About this raise: FetchFind, with a valuation of $2.4 million, is raising funds on Republic. The company has developed a platform to connect pet owners with the best pet resources. FetchFind has specific information that is useful to pet owners, including experts for specific pet breeds, their feedback, questions to ask the experts, and other specific solutions. The platform has many pet companies as its clients and was named among the Top 5 most innovative pet care companies in the US by Purina in October 2016. Jamie Migdal founded FetchFind in September 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used for marketing, equipment purchases, future wages, accrued wages, other accrued expenses, and repayment of obligations.

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Investment Overview

Invested this round: $110,911

Deal Terms

Platform
Republic
Start Date
05/16/2017
Close Date
07/15/2017
Min. Goal
$50,000
Max. Goal
$750,000
Min. Investment

$50

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,400,000

Discount

20%

Company & Team

Company

Year Founded
2013
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Location
Chicago, Illinois
Company Website
Visit Website

Team

Funding data not publicly available

Financials

as of Fiscal Year 2016
 Revenue
$0
 Cash on Hand
$2,534
Gross Margin
79%

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$64,687

$75,182

COGS

$13,614

$66,398

Tax

$0

$0

 

 

Net Income

$51,073

$8,784

Summary Balance Sheet

FY 2016 FY 2015

Cash

$2,534

$0

Accounts Receivable

$0

$0

Total Assets

$39,585

$3,090

Short-Term Debt

$68,117

$0

Long-Term Debt

$535,999

$546,279

Total Liabilities

$604,116

$546,279

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/15/2017 Republic $2,400,000 $110,911 SAFE Funded RegCF
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FetchFind on Republic 2017
Platform: Republic
Security Type: SAFE
Valuation: $2,400,000

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

FetchFind Deal Report

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