Gophr App

Early Stage
Local Business Logistics Made Simple
Overview
Raised: $30,520
Rolling Commitments ($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
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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