Foresyte

Foresyte

Early Stage

Where Finance Meets Fun

Where Finance Meets Fun

Overview

Raised to Date: Raised: $221,212

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/22/2023

Close Date

04/24/2023

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$198

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.82

Pre-Money Valuation

$7,468,560

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,431

# of Investors

217

Momentum
Funded
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Year Founded

2022

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

Growth

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

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-205,771

$0

Summary Balance Sheet

FY 2022 FY 2021

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: 01/22/2023
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Foresyte on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,468,560
Price per Share: $0.82

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