Jingle

Jingle

Early Stage

Marketplace for mobile shops that deliver directly to your door within minutes

Marketplace for mobile shops that deliver directly to your door within minutes

Overview

Raised this Round: Raised: $22,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/19/2024

Close Date

09/17/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,800,000

Valuation Cap

$12,000,000

Discount

0%

Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

San Carlos, California

Business Type

High Growth

Jingle, with a valuation of $12 million, is raising funds on Wefunder. The company has developed a marketplace for mobile shops to deliver goods directly to customers within minutes. Jingle enables mobile sellers of foods and services to find customers and includes vendors of ice cream, baked goods, pet grooming services, knife sharpening services, and many more. The platform has 60 vendors and 12,000 users and has achieved product market fit in less than one year. Baris Karadogan founded Jingle in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, engineering costs, hiring, sales and marketing, and business development.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$62,490

$22,399

COGS

$205,334

$110,196

Tax

$1,011

$1,531

 

 

Net Income

$-1,626,376

$-1,286,206

Summary Balance Sheet

FY 2023 FY 2022

Cash

$61,481

$1,335,691

Accounts Receivable

$938

$33

Total Assets

$77,344

$1,351,106

Short-Term Debt

$64,763

$67,649

Long-Term Debt

$2,950,000

$2,580,000

Total Liabilities

$3,014,763

$2,647,649

Financials as of: 05/19/2024
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Jingle on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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