LGBTQutie

Early Stage

LGBTQ Social App

Overview

Raised to Date: 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    Open SEC Filing

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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LGBTQutie on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,600,000

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