Lexria
About this raise: Lexria, with a valuation cap of $12 million, is raising funds on Wefunder. The company aims to solve the student debt crisis through bankruptcy. The company combines automation and technology to reduce costs, expand the available market, and create more effective arguments. Rob Hunter founded Lexria in July 2019. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $1,070,000, and the funds will be used for marketing, paying lawyers to start student debt adversary proceedings and SG&A expenses. Lexria is targeting the consumers owing over $500 billion in student loan debt and is helping real people fight the crushing debt.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/24/2021
- Close Date
- 04/04/2021
$50,000
$1,070,000
$100
SAFE
Seed
RegCF
$9,000,000
$12,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/04/2021 | Wefunder | $12,000,000 | $0 | SAFE | Not Funded | RegCF |