HelloWoofy
Smart Marketing for Underdogs (aka SMBs). Grew 21,900%, Rev $200,000+ !
Overview
Raised: $137,337
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/31/2023
Days Remaining
30
% of Min. Goal
275%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$1,017
# of Investors
142
Momentum
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Year Founded
2016
Industry
Marketing & Advertising
Tech Sector
MediaTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
HelloWoofy, with a valuation of $10 million, is raising funds on Wefunder. The technology at HelloWoofy uses artificial intelligence and data science to personalize social media marketing for users. The platform helps users manage different social media networks, organize their campaigns, and make their copywriting more efficient. HelloWoofy grew by 21,900% from its launch in under a year and has generated total sales of over $1 million to date. Arjun Rai founded HelloWoofy in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.5 million. The campaign proceeds will be used for engineering, product, working capital, marketing, sales, office rental, accounting fees, and reserve capital.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$175,238 |
$77,965 |
COGS |
$0 |
$0 |
Tax |
$622 |
$450 |
| ||
| ||
Net Income |
$-532,500 |
$-533,855 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$24,171 |
$110,512 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$175,016 |
$202,034 |
Short-Term Debt |
$1,253,265 |
$804,787 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$1,253,265 |
$804,787 |
Financials as of: 11/16/2022
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
HelloWoofy | 04/30/2023 | Wefunder | $10,000,000 | $137,337 | Convertible Note | Active | 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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