Floorly

Floorly

Early Stage

Helping local brands become global businesses

Helping local brands become global businesses

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/15/2022

Close Date

08/31/2022

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

$4,500,000

Valuation Cap

$6,000,000

Discount

20%

Year Founded

2020

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

San Francisco, California

Business Type

Growth

Floorly, with a valuation of $6 million, is raising funds on Wefunder. The company has developed a platform that helps local brands lease commercial spaces for their business. The platform enables the local brands to select their choice of shopping malls, discover vacant spaces, analyze terms and competition, submit online applications, and manage the leased space. Floorly turns out to be efficient for both shopping mall owners and tenants. The platform has over 20,000 commercial properties in more than 3,000 cities. Alex Kot founded Floorly in January 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, business development, sales, and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,936

$-440

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$574

$3,060

Accounts Receivable

$0

$0

Total Assets

$424,255

$182,596

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/15/2022
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Floorly on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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