Kribsavup

Kribsavup

Open  for investment

About this raise

Kribsavup, with a valuation of $1 million, is raising funds on NetCapital. The company provides a digital platform that guides the next generation through homeownership. Kribsavup’s personal finance fintech app provides digital banking, credit reporting, transaction tracking, gamified finances, and essential financial education on debt-to-income ratios, budgeting, and other financial fundamentals. The app is simplifying homeownership for millennials and minorities with its financial tools, personal AI coach, and social finance and works on a subscription-based model. Timothy Griggs founded Kribsavup in February 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for advertising and marketing, development and research, contracted services, intern employment, and sale and administrative expenses.

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Investment Overview

Committed this round: $1,099

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
03/26/2025
Close Date
05/30/2025
Min. Goal
$10,000
Max Goal
$250,000
Min. Investment

$99

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$1,000,000

Company & Team

Company

Year Founded
2020
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Beaumont, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Timothy Griggs
Title
CEO

Financials

 Revenue
$0
as of FY2024
 Monthly Burn
$8,908
as of FY2024
 Runway
0.2 months
as of Dec '24

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$0

$528

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-106,898

$-5,625

Summary Balance Sheet

FY 2024 FY 2023

Cash

$2,001

$3,526

Accounts Receivable

$0

$0

Total Assets

$12,328

$28,346

Short-Term Debt

$118,350

$118,350

Long-Term Debt

$0

$0

Total Liabilities

$118,350

$118,350

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/30/2025 Netcapital $1,000,000 $1,099 Equity - Common Active RegCF
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Add to portfolio
Kribsavup on NetCapital 2025
Platform: Netcapital
Security Type: Equity - Common
Valuation: $1,000,000
Price per Share: $1.00

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Follow Kribsavup on NetCapital 2025

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