Linxy Live
About this raise
Linxy Live, with a valuation of $5 million, is raising funds on Wefunder. It is a social connection and experiences app that generates revenue from businesses, events, and community leaders. Linxy Live is built to change how people connect at the events and business gatherings they attend and enable hosts to elevate customer and attendee experiences. The platform hosted 13 events and powered nine business locations in the first eight weeks of its launch. Joel Puthoff and Leonardo Adams founded Linxy Live in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used for further development of the product, standard operations, and marketing.
Investment Overview
Invested : $166,701
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/30/2024
- Close Date
- 05/01/2025
$50,000
$750,000
$100
SAFE
Early Stage
RegCF
/ RegD 506(c)
$4,000,000
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$13,450
as of FY2023
-
Runway
-
0.8 months
as of
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-
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $60,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/01/2025 | Wefunder | $5,000,000 | $166,701 | SAFE | Funded | RegCF / RegD 506(c) |