GigEngyn

GigEngyn

Closed: Aug. 2022

About this raise

GigEngyn, with a valuation of $2.5 million, is raising funds on Wefunder. The company has developed event management and sales CRM platform for the cannabis and alcohol industry. The platform includes CRM, EMS, and onboarding solutions and provides streamlined experiential marketing. GigEngyn is the only app with built-in APIs and built-in invoicing, and allows instant payments, data tracking, and live reporting. Amber McFee and Mason Ice founded GigEngyn in June 2022. 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 sales and marketing, software app development, and operations.

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Investment Overview

Invested this round: $68,350

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/15/2022
Close Date
08/14/2022
Min. Goal
$50,000
Max Goal
$100,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

20%

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Worthington, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Amber McFee
Title
CEO
Founder Name
Mason Ice
Title
COO

Financials

 Revenue
$0
 Monthly Burn
$2,492
 Runway
0.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$4,417

$0

Tax

$0

$0

 

 

Net Income

$-29,910

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$214

$0

Accounts Receivable

$0

$0

Total Assets

$48,487

$0

Short-Term Debt

$48,397

$0

Long-Term Debt

$0

$0

Total Liabilities

$48,397

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/14/2022 Wefunder $2,500,000 $68,350 SAFE Funded RegCF
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Add to portfolio
GigEngyn on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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Follow GigEngyn on Wefunder 2022

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

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