Landng

Landng

Closed: Apr. 2023

About this raise

Landng, with a valuation of $3.5 million, is raising funds on Wefunder. The company has developed a travel platform that enables users to discover, activate, and share travel itineraries that inspire them. The platform turns travel content into a trip plan and includes social collaboration, booking, on-trip activation, customization, recommendations, and itinerary libraries. Landng has over 400 travel planners and creators and has signed 15 LOIs with travel and lifestyle brands, local businesses, and agencies. Devon DeAngelo and Nacera Belal founded Landng in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for product development, founder salaries, and legal expenses.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
03/06/2023
Close Date
04/21/2023
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,630,000

Valuation Cap

$3,500,000

Discount

10%

Company & Team

Company

Year Founded
2021
Industry
Travel and Hospitality
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Los Angeles, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Devon Keakulina DeAngelo
Title
CEO
Founder Name
Nacera Belal
Title
COO

Funding data not publicly available

Financials

 Revenue
$0
as of FY2022
 Monthly Burn
$744
as of FY2022
 Runway
0.8 months
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-8,925

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$595

$0

Accounts Receivable

$0

$0

Total Assets

$595

$0

Short-Term Debt

$18,590

$0

Long-Term Debt

$0

$0

Total Liabilities

$18,590

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$245,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/21/2023 Wefunder $3,500,000 $0 SAFE Not Funded RegCF
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Add to portfolio
Landng on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $3,500,000

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Follow Landng on Wefunder 2023

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Warning: according to the close date for this deal, Landng may no longer be accepting investments.

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