Lucky Carrot
Early Stage
Where people connect to say thank you, appreciate hard work and achievements
Overview
Raised: $5,400
Total Commitments ($USD)
Platform
Republic
Start Date
06/23/2023
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
Valuation Cap
$6,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
08/22/2023
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
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: 06/23/2023
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