GrapeID

GrapeID

GrapeID, with a valuation of $35 million, is raising funds on Wefunder. The company has developed a data marketplace for advertisers to pay consumers directly for their data. GrapeID enables businesses to target prospects anonymously and offer them money for engaging with the offer, like opening, clicking, or watching a video. The platform has four issued patents and three trademarks and has a $2 million potential sales pipeline. Rob Andersen founded GrapeID in May 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, operations, and hiring.

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Investment Overview

Raised this Round: Raised: $52,355

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
06/27/2024
Close Date
01/28/2025
Min. Goal
$50,000
Max. Goal
$1,234,997
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.69

Early Bird Valuation

$27,360,000

Pre-Money Valuation

$34,999,526

Company & Team

Company

Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Midvale, Utah
Business Type
High Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Rob Andersen
Title
CEO

Financials

as of June 1, 2024
 Revenue
$0
 Monthly Burn
$6,986
 Runway
0.1 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-93,355

$-172,919

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$20,423

Accounts Receivable

$0

$0

Total Assets

$0

$20,423

Short-Term Debt

$54,056

$42,176

Long-Term Debt

$0

$0

Total Liabilities

$54,056

$42,176

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$309,578
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/28/2025 Wefunder $34,999,526 $52,355 Equity - Preferred Active RegCF
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Add to portfolio
GrapeID on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $34,999,526
Price per Share: $3.69

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