MeVero
About this raise
MeVero, the developer of a Digital Passion Incubator, is raising funds on CrowdSource Funded. The platform provides users with the knowledge, community, and services for the pursuit of their passion. The company has a unique mission and differentiated product and has achieved product-market fit. Kaushik Banerjee and Susmita Biswas founded MeVero in 2019. The current crowdfunding campaign of the company has a minimum raise of $5,000 and a maximum raise of $107,000, and the proceeds will be used for user acquisition, tech deployment, and infrastructure and manpower. MeVero has a strong advisory board and makes money through various streams, including Cloud, SaaS, advertising, and commissions.
Investment Overview
Not Funded: $7,000
Deal Terms
Total Commitments
- Platform
- CrowdSource Funded
- Start Date
- 10/07/2020
- Close Date
- 11/15/2020
$5,000
$107,000
$100
Equity - Common
Pre-Seed
RegCF
$0.50
$5,233,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $76
- Monthly Burn
- Profitable
- Cash on Hand
- $7,257
- Gross Margin
- 79%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/15/2020 | CrowdSource Funded | $5,233,000 | $7,000 | Equity - Common | Not Funded | RegCF |