GC Plus (2023)

GC Plus (2023)

About this raise

GC Plus, with a valuation of $7 million, is raising funds on Wefunder. The company provides one-click home service solutions to hire home service providers. It is considered to be the Uber of the home services marketplace and is disrupting the home service industry with its automation and convenience. GC Plus is led by an experienced team and has successfully registered 7,000 homeowners and 1,000 technicians. Rafael Zeitunian founded GC Plus in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for launching new cities, software development, and expanding the support staff to handle a higher volume of customers.

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Investment Overview

Invested this round: $59,350

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
10/06/2022
Close Date
04/04/2023
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,600,000

Valuation Cap

$7,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Milpitas, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Max Sereda
Title
CMO
Founder Name
Rafael Zeitunian
Title
CEO

Financials

 Revenue
$20,000
 Monthly Burn
$13,616
 Runway
0 months
 Gross Margin
44%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$20,000

$0

COGS

$11,150

$0

Tax

$0

$0

 

 

Net Income

$-163,391

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$37

$0

Accounts Receivable

$0

$0

Total Assets

$177,877

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$100,000
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/26/2023 StartEngine $7,055,000 $62,663 Equity - Common Funded RegCF
04/04/2023 Wefunder $7,000,000 $59,350 SAFE Funded RegCF
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Growth Charts

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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Add to portfolio
GC Plus on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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Follow GC Plus on Wefunder 2022

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Warning: according to the close date for this deal, GC Plus may no longer be accepting investments.

GC Plus Deal Report

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