HeyBaby
Early Stage
The relationship and community app for people who have kids or want kids
Overview
Raised: $12,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/02/2022
Close Date
04/30/2023
Min. Goal
$150,000
Max. Goal
$1,000,000
Min. Investment
$250
Security Type
Convertible Note
Series
Seed
Funding Type
RegCF
Valuation Cap
$10,000,000
Discount Rate
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
87
% of Min. Goal
8%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$194
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
Austin, Texas
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
HeyBaby, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a relationship and community app for people who have kids or want kids. The app functions as a dating and community app that turns singles into partners and partners into families. HeyBaby app has had over 50,000 downloads and is on the way to a full subscription model due in the first quarter of 2023. Diko Daghlian and Chas McFeely founded HeyBaby in June 2018. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing, headcount, product development, and SG&A expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-693,879 |
$-434,709 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$277,946 |
$60,875 |
|
Accounts Receivable |
$5,883 |
$0 |
|
Total Assets |
$879,203 |
$761,386 |
|
Short-Term Debt |
$17,497 |
$56,596 |
|
Long-Term Debt |
$1,653,940 |
$803,147 |
|
Total Liabilities |
$1,671,437 |
$859,743 |
Financials as of: 12/02/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
