Fourplay Social

Fourplay Social

Early Stage

Single friends. Double dates.

Single friends. Double dates.

Overview

Raised this Round: Raised: $56,980

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/24/2024

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$50,000
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 physical, mental, and social experience for singles and take the pressure off dating. Fourplay Social has had 45,000 total downloads, made 40,000 matches in New York City, and has 30,000 people waitlisted nationwide. Julie Griggs and Danielle Dietzek founded Fourplay Social in January 2019. The current crowdfunding campaign has a minimum and maximum target of $50,000. The campaign proceeds will be used to grow the user base and launch in more cities.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$103

$366

COGS

$0

$0

Tax

$0

$750

 

 

Net Income

$-182,412

$-84,414

Summary Balance Sheet

FY 2022 FY 2021

Cash

$372,766

$13,935

Accounts Receivable

$0

$0

Total Assets

$559,776

$14,415

Short-Term Debt

$4,825

$1,106

Long-Term Debt

$0

$0

Total Liabilities

$4,825

$1,106

Financials as of: 01/24/2024
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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 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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