Lover

Lover

Early Stage

The sex therapy app used by 300,000+ in 173 countries. Designed by Doctors

The sex therapy app used by 300,000+ in 173 countries. Designed by Doctors

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/03/2023

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$1,200,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$17,000,000

Valuation Cap

$20,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$0

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Location

San Mateo, California

Lover, with a valuation of $20 million, is raising funds on Wefunder. It is a sex therapy app that aims to resolve the sexual problems that prevent happiness and satisfaction. Lover enables people to address sexual complaints privately and anonymously and not get subjected to embarrassing conversations. The app has over 300,000 users across 173 countries and has reported consecutive years of triple-digit growth. Jas Bagniewski founded Lover in December 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.2 million. The campaign proceeds will be used for building out the content, marketing, team growth, and business development.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$151,780

$28,465

COGS

$95,854

$169,772

Tax

$0

$0

 

 

Net Income

$-1,248,175

$-1,714,858

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,745,714

$1,822,262

Accounts Receivable

$415

$35,000

Total Assets

$2,493,247

$2,225,618

Short-Term Debt

$64,944

$26,188

Long-Term Debt

$0

$0

Total Liabilities

$64,944

$26,188

Financials as of: 04/03/2023
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Lover on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow Lover on Wefunder 2023

Buy Lover's Deal Report

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

Lover Deal Report

Get KingsCrowd’s comprehensive report on Lover including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Lover is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Lover deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge