About this raise

HelloWoofy.com, with a valuation cap of $9.5 million, is raising funds on Wefunder. The technology at HelloWoofy uses artificial intelligence and data science to personalize social media marketing for the users. The platform helps users manage different social media networks, organize their campaigns, and make their copywriting more efficient. HelloWoofy.com was founded by Arjun Rai in September 2016 and has raised over $1 million since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $500,000, and the proceeds will be used towards engineering, product development, marketing, accounting, sales, and working capital. HelloWoofy.com grew by 21,900% from its launch in under a year.

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Investment Overview

Invested this round: $199,796

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/15/2020
Close Date
04/30/2021
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,500,000

Discount

15%

Company & Team

Company

Year Founded
2016
Industry
Marketing & Advertising
Tech Sector
MediaTech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
Arjun Rai
Title
CEO

Financials

 Revenue
$1,902
 Monthly Burn
$20,671
 Runway
1.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,902

$0

COGS

$0

$0

Tax

$450

$0

 

 

Net Income

$-248,051

$-121,341

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,550

$538

Accounts Receivable

$0

$0

Total Assets

$30,550

$538

Short-Term Debt

$489,238

$286,183

Long-Term Debt

$75,000

$0

Total Liabilities

$564,238

$286,183

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
SelfTact 04/02/2024 Wefunder $15,000,000 $0 Convertible Note Not Funded RegCF
HelloWoofy 04/28/2023 Wefunder $10,000,000 $163,453 Convertible Note Funded RegCF
HelloWoofy 04/30/2022 Wefunder $9,500,000 $441,295 Convertible Note Funded RegCF
HelloWoofy 04/30/2021 Wefunder $9,500,000 $199,796 Convertible Note Funded RegCF
HelloWoofy 12/01/2020 Republic $9,000,000 $169,054 SAFE Funded RegCF
HelloWoofy 04/30/2020 Republic $5,000,000 $385,817 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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HelloWoofy.com on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $9,500,000

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