Smart Marketing for Underdogs (aka SMBs). Grew 21,900%, Rev $200,000+ !

Overview

Raised to Date: Raised: $137,337

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/16/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,500,000

Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,500,000

Valuation Cap

$10,000,000

Discount

15%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/31/2023

Days Remaining

30

% of Min. Goal

275%

% of Max. Goal

9%

Likelihood of Max
unlikely
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

Location

New York, New York

Business Type

Growth

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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HelloWoofy on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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