Mobodexter

Mobodexter

Early Stage

Software platform making it easy to build IoT and Drone projects.

Software platform making it easy to build IoT and Drone projects.

Overview

Raised to Date: Raised: $266,641

Platform

Wefunder

Start Date

09/13/2016

Close Date

12/10/2016

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Year Founded

2013

Industry

Industrial Services

Tech Sector

Location

Valley Cottage, New York

Mobodexter, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a software platform that makes it easy to build IoT and Drone projects. Mobodexter is becoming the software backbone for the IoT with its IoT platform called PAASMER. Their software suite includes analytics, machine learning, and artificial intelligence to make devices intelligent and secure that allow for our lives to more seamlessly connect to the environment around us. Chandramouli Srinivasan and Kavitha Gopalan founded Mobodexter in November 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing, inventory buildup, and expansion of the partner program.

Summary Profit and Loss Statement

FY 2015 FY 2014

Revenue

$51,013

$35,270

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-22,414

$2,113

Summary Balance Sheet

FY 2015 FY 2014

Cash

$8,967

$7,296

Accounts Receivable

$0

$16,390

Total Assets

$8,967

$23,686

Short-Term Debt

$8,374

$6,885

Long-Term Debt

$0

$0

Total Liabilities

$8,374

$6,885

Financials as of: 09/13/2016
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Mobodexter 01/16/2018 Wefunder $20,000,000 $497,209 SAFE Funded RegCF
Mobodexter 12/09/2016 Wefunder $15,000,000 $266,641 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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Mobodexter on Wefunder 2016
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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