Halen Technologies

Halen Technologies

Early Stage

Rideshare, Food, Grocery and Retail Delivery; as well as Flight Booking & Vacation Rental in One App

Rideshare, Food, Grocery and Retail Delivery; as well as Flight Booking & Vacation Rental in One App

Overview

Raised to Date: Raised: $57,655

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/05/2022

Close Date

09/06/2022

Min. Goal
$50,000
Max. Goal
$2,500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$15,000,000

Valuation Cap

$20,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$469

# of Investors

52

Momentum
Funded
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Year Founded

2021

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Middletown, Delaware

Business Type

High Growth

Halen Technologies, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an all-in-one app for rideshare, food, grocery, and retail delivery, flight booking, and vacation rental. The app uses artificial intelligence and machine learning to offer multiple services and improve user experiences. Halen is a super app that aims to provide comfort and convenience in a moving world. Edward Mbeche, Chandra Gundlapalli, and Kennedy Ross founded Halen Technologies in April 2021. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $2,500,000. The campaign proceeds will be used for application development, marketing, branding, staffing, franchise development, and media outreach.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-10,051

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$7,246

$0

Accounts Receivable

$0

$0

Total Assets

$8,821

$0

Short-Term Debt

$591

$0

Long-Term Debt

$0

$0

Total Liabilities

$591

$0

Financials as of: 05/05/2022
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Halen Technologies on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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

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