Fourplay Social

Fourplay Social

Early Stage

A social network where single friends double date other pairs of single friends

A social network where single friends double date other pairs of single friends

Overview

Raised this Round: Raised: $93,806

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/29/2022

Close Date

03/28/2023

Min. Goal
$50,000
Max. Goal
$199,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

20%

Year Founded

2019

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Wanaque, New Jersey

Business Type

High Growth

Fourplay Social, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a social network that allows single friends to double date with other pairs of single friends. Fourplay Social aims to offer a healthier experience for singles physically, mentally, and socially and take the pressure off dating. Fourplay Social has had 45,000 total downloads, made 40,000 matches in New York City, and has 10,000 people waitlisted nationwide. Julie Griggs and Danielle Dietzek founded Fourplay Social in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for UI/UX redesign of the app and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$366

$0

COGS

$0

$0

Tax

$750

$1,125

 

 

Net Income

$-84,414

$-31,945

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,935

$11,448

Accounts Receivable

$0

$0

Total Assets

$14,415

$12,113

Short-Term Debt

$1,106

$1,128

Long-Term Debt

$0

$0

Total Liabilities

$1,106

$1,128

Financials as of: 06/29/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Fourplay Social 04/28/2024 Wefunder $8,000,000 $56,980 SAFE Funded RegCF
Fourplay Social 03/27/2023 Wefunder $8,000,000 $93,806 SAFE Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Fourplay Social on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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