Invisible Foundry
Early Stage
Invisible Foundry Inc. is an intellectual property (IP) licensing company.
Overview
Raised: $87,500
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/10/2023
Close Date
05/13/2023
Min. Goal
$50,000
Max. Goal
$95,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$2,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,734
# of Investors
20
Momentum
Funded
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Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Invisible Foundry, with a valuation of $2 million, is raising funds on Wefunder. It is an intellectual property licensing company that licenses its trademarks, copyrights, trade secrets, and intellectual-property patents. The business makes money through IP sales, co-inventing, and licensing and has generated $30,000 in revenue to date. Invisible Foundry is led by an experienced team and has a large potential license market. Andrew Van Valer and Raymond St. Martin founded Invisible Foundry in April 2022. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $95,000. The campaign proceeds will be used for patent filings, corporate insurance, business expenses, sales and marketing, customer acquisition, and legal fees.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$10,000 |
$20,053 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-16,250 |
$514 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$5,910 |
$10,177 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$5,910 |
$10,177 |
|
Short-Term Debt |
$133 |
$350 |
|
Long-Term Debt |
$21,627 |
$0 |
|
Total Liabilities |
$21,760 |
$350 |
Financials as of: 04/10/2023
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