LGBTQutie

LGBTQutie

Closed: Aug. 2018

About this raise

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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Investment Overview

Invested this round: $15,911

Deal Terms

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    Open SEC Filing

Price Per Share

$1.22

Pre-Money Valuation

$2,600,000

Company & Team

Company

Year Founded
2014
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Roslyn Heights, New York
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/21/2018 StartEngine $2,600,000 $15,911 Equity - Common Funded RegCF
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LGBTQutie on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,600,000
Price per Share: $1.22

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Buy LGBTQutie's Deal Report

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

LGBTQutie Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
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  • Scores on the founding team and key personnel's background and expertise

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