Fourplay Social

Early Stage

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

Analytics

Raised to Date: Raised: $86,091

Aggregate Commitments $

Platform

Wefunder

Start Date

06/30/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$199,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

08/14/2022

Days Remaining

259

% of Min. Goal

172%

% of Max. Goal

43%

Likelihood of Max
extremely
Avg. Daily Raise

$1,913

Momentum
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Location

Wanaque, New Jersey

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

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: 06/30/2022
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Fourplay Social on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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