Knowtify

Early Stage

Knowtify is a unique death notification app, reaching those who matter

Overview

Raised to Date: Raised: $60,200

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/21/2023

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    Open SEC Filing

Early Bird Val. Cap

$3,000,000

Valuation Cap

$4,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

34

% of Min. Goal

120%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,771

# of Investors

11

Momentum
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Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

AutomationTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Douglasville, Georgia

Business Type

High Growth

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

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,480

$0

Summary Balance Sheet

Most Recent Year Prior Year

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: 02/21/2023
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Knowtify on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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