Ludex
About this raise
Ludex, with a valuation of $45 million, is raising funds on Wefunder. The company has developed an app to revolutionize the sports and trading cards industry. Ludex’s AI-powered app empowers, informs, and educates collectors worldwide by identifying, valuing, and organizing the collection in seconds. The app currently supports Pokemon, Magic the Gathering, basketball, baseball, hockey, football, UFC, racing, and wrestling and plans to launch Star Wars, Marvel, Veefriends, comic books, and pop culture soon. Brian Ludden and Heather Denniston founded Ludex in February 2021. The current crowdfunding campaign has a minimum target of $400,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing, customer acquisition, hiring, and working capital.
Investment Overview
Invested : $731,220
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/12/2024
- Close Date
- 04/29/2024
$400,000
$5,000,000
$100
Equity - Common
Growth Stage
RegCF
$2.89
$40,500,000
$45,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$72,258
as of FY2022
- Monthly Burn
-
$272,093
as of FY2022
-
Runway
-
0.4 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $10,896,500
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $45,000,000 | $731,220 | Equity - Common | Funded | RegCF |