This company is no longer in business. Investors can get details about any potential exits or failures here.

Flight Penguin

Flight Penguin

Early Stage

The browser extension that takes the pain out of flight search

The browser extension that takes the pain out of flight search

Overview

Raised this Round: Raised: $134,241

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/04/2022

Close Date

08/02/2022

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$8,000,000

Valuation Cap

$10,000,000

Discount

0%

Year Founded

2020

Industry

Travel and Hospitality

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

High Growth

Flight Penguin, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a browser extension that makes flight search easier and less time-consuming. Flight Penguin makes it easy and trustworthy to search for flights with highly intuitive filtering and sorting. The view with Flight Penguin extension has more flights on screen, with a timeline view and no ads. Max Morlocke founded Flight Penguin in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development staff, growth, and reserve.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$50

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-79,449

$-35,733

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$175,184

$14,427

Accounts Receivable

$0

$0

Total Assets

$175,184

$14,427

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/04/2022
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Flight Penguin on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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