LGBTQutie
Early Stage
LGBTQ Social App
Overview
Raised: $15,911
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/22/2018
Close Date
08/21/2018
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.22
Pre-Money Valuation
$2,600,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/31/2018
Days Remaining
Funded
% of Min. Goal
159%
% of Max. Goal
15%
Likelihood of Max
Funded
Avg. Daily Raise
$175
# of Investors
47
Momentum
Funded
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Year Founded
2014
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Roslyn Heights, New York
LGBTQutie is a dating and social networking app that connects the entire LGBTQ community! The apps currently out there focus mostly on lesbian women or gay men while promoting a hookup-centric market. LGBTQuite, on the other hand, has created a comprehensive and inclusive platform tailored specifically for the LGBTQ community that promotes relationships and genuine connections. Their app includes lesbian, gay, bisexual, trans, queer, pansexual, non-binary, asexual and intersex individuals, and it also provides users with content that is relevant to them, such as LGBTQ specific news, blogs, and events. So far, the app has 60,000 users, an 80% retention rate, and a 90% monthly active user rate. They’re averaging 4,000 new users per month and have 70,000 social media followers. Plus, they have backing and support from Atari, and they’ve been featured in editorials in everything from the Huffington Post to Inc. Magazine.
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