Gophr App

Early Stage

Local Business Logistics Made Simple

Overview

Raised to Date: Raised: $30,520

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/04/2022

Close Date

01/02/2023

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$180

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.18

Pre-Money Valuation

$40,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2023

Days Remaining
Funded
% of Min. Goal

305%

% of Max. Goal

3%

Likelihood of Max
Funded
Avg. Daily Raise

$339

# of Investors

44

Momentum
Funded
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Year Founded

2019

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Lake Charles, Louisiana

Business Type

High Growth

Gophr App, with a valuation of $40.5 million, is raising funds on StartEngine. It is a delivery technology platform that offers same-day delivery and expedited shipping for local marketplaces. The app allows customers to shop from their favorite local businesses and receive same-day delivery, along with supporting local merchants in offering affordable nationwide delivery solutions. Gophr App has multiple revenue streams and growing its revenue at an average rate of 38.9% from January to September each year. Warren Vandever founded Gophr App in April 2019. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $1,069,999.92. The campaign proceeds will be used for growth and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$118,211

$54,553

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-128,376

$-733,075

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,215

$22,131

Accounts Receivable

$6,792

$6,626

Total Assets

$60,512

$35,938

Short-Term Debt

$98,488

$31,406

Long-Term Debt

$269,116

$277,990

Total Liabilities

$367,604

$309,396

Financials as of: 10/04/2022
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Gophr App on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $40,500,000

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