Lucky Carrot

Lucky Carrot

Early Stage

Where people connect to say thank you, appreciate hard work and achievements

Where people connect to say thank you, appreciate hard work and achievements

Overview

Raised to Date: Raised: $5,400

Total Commitments ($USD)

Platform

Republic

Start Date

06/22/2023

Close Date

08/21/2023

Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

08/21/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$92

# of Investors

16

Momentum
Not Funded
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Year Founded

2022

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

NEWARK, Delaware

Business Type

Growth

Lucky Carrot, with a valuation of $6.5 million, is raising funds on Republic. The company has developed a platform for people to connect, say thank you, and appreciate hard work. The platform aims to bring recognition to any collaboration and increase motivation and productivity by valuing the commitments. Lucky Carrot is used by over 40 companies and has been selected and enrolled in Zoom Special Partner Program. Sergey Asatryan, Mariam Gyulumyan, Arto Sokhikyan, and Narek Tonoyan founded Lucky Carrot in April 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for product development, marketing, and customer acquisition.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$134,197

$49,163

COGS

$75,711

$24,810

Tax

$-9,083

$-4,875

 

 

Net Income

$-126,579

$-93,655

Summary Balance Sheet

FY 2022 FY 2021

Cash

$186,973

$13,831

Accounts Receivable

$0

$0

Total Assets

$230,817

$25,751

Short-Term Debt

$28,099

$20,634

Long-Term Debt

$0

$0

Total Liabilities

$28,099

$20,634

Financials as of: 06/22/2023
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Lucky Carrot on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $6,500,000

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