LookyLOO (2023)

LookyLOO (2023)

Closed: Jul. 2023

About this raise

LookyLOO, with a valuation of $12.5 million, is raising funds on Wefunder. The company has developed a new platform for people to search and explore moving to new cities. The platform is serving the next great era of migration by helping people evaluate different cities and neighborhoods, compare factors like economy, lifestyle, housing prices, safety, schools, and transportation options, and make informed decisions. Edmond Dilworth founded LookyLOO in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for product development, hiring, and marketing.

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Investment Overview

Invested this round: $200,400

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/07/2023
Close Date
07/31/2023
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,000,000

Valuation Cap

$12,500,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Real Estate & Construction
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
SAN FRANCISCO, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
Yes
Founder Name
Edmond Dilworth
Title
CEO
Founder Name
Mike Fung
Title
Chief Creative Officer
Founder Name
Michele Hobbs
Title
Chief Marketing Officer

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$4,080
 Runway
3.2 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-48,957

$-39,996

Summary Balance Sheet

FY 2022 FY 2021

Cash

$13,017

$40,974

Accounts Receivable

$0

$0

Total Assets

$13,017

$40,974

Short-Term Debt

$6,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$6,000

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$108,750
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
lookyLOO 04/29/2025 Wefunder $12,500,000 $323,394 SAFE Active RegCF
LookyLOO 07/31/2023 Wefunder $12,500,000 $200,400 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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LookyLOO on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $12,500,000

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Follow LookyLOO on Wefunder 2023

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

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