Knowtify
Early Stage
Knowtify is a unique death notification app, reaching those who matter
Overview
Raised: $10,200
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/20/2023
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$3,000,000
Valuation Cap
$4,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$150
# of Investors
10
Momentum
Not Funded
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Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
AutomationTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Knowtify, with a valuation of $4 million, is raising funds on Wefunder. The company has developed a unique death notification app that notifies important people when the user dies. The app also allows the users to control how their estate and affairs are handled after their death, letting the next of kin get the required time, peace, and closure. Knowtify targets a wide target demographic and aims to grow sustainably through global expansion, sister apps, and estate planning tools. Andre McDow founded Knowtify in May 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for payroll, marketing, app development, recurring monthly expenses, app maintenance, and professional services.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-5,480 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,151 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,151 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/20/2023
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