Lover
[Closed for Investment] 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.
Investment Overview
Raised: $0
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 04/04/2023
- Close Date
- 04/30/2023
$50,000
$1,200,000
$100
SAFE
RegCF
$17,000,000
$20,000,000
15%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Location
- San Mateo, California
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
-
Revenue
- $0
- Monthly Burn
- $104,015
-
Runway
- 16.8 months
- Gross Margin
- 37%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $20,000,000 | $0 | SAFE | Funded | RegCF |