Foresyte
Early Stage
Where Finance Meets Fun
Overview
Raised: $24,758
Total Commitments ($USD)
Platform
StartEngine
Start Date
01/23/2023
Close Date
03/22/2023
Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment
$198
Security Type
Equity - Common
Funding Type
RegCF
Price Per Share
$0.82
Pre-Money Valuation
$7,468,560
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/01/2023
Days Remaining
49
% of Min. Goal
248%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$2,751
# of Investors
74
Momentum
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Location
Chicago, Illinois
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Foresyte, with a valuation of $7.5 million, is raising funds on StartEngine. The company has developed an app for users to plan and budget the discretionary parts of their life. The app functions as the one-stop shop for travel planning, financial planning, and a social calendar. Foresyte makes budgeting accessible and effective and helps users track how their today’s plans affect tomorrow’s finances. The app has had 7,400 downloads to date. Stephen Eddy, Dylan Thomas, and Dani Hristeva founded Foresyte in March 2022. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, company employment, and operations.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-205,771 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$44,162 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$44,162 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$43,875 |
$0 |
Total Liabilities |
$43,875 |
$0 |
Financials as of: 01/23/2023
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