Mobodexter (2016)

Mobodexter (2016)

Closed: Dec. 2016

About this raise

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.

Expand

Investment Overview

Invested this round: $266,641

Deal Terms

Platform
Wefunder
Start Date
09/14/2016
Close Date
12/10/2016
Min. Goal
$50,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Company & Team

Company

Year Founded
2013
Industry
Industrial Services
Tech Sector
Location
Valley Cottage, New York
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
as of FY2015
 Monthly Burn
$1,868
as of FY2015
 Runway
4.8 months
as of FY2015

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/17/2018 Wefunder $20,000,000 $497,209 SAFE Funded RegCF
12/10/2016 Wefunder $15,000,000 $266,641 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

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.

Valuation History

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Mobodexter on Wefunder 2016
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

Follow company

Follow Mobodexter on Wefunder 2016

Buy Mobodexter's Deal Report

Warning: according to the close date for this deal, Mobodexter may no longer be accepting investments.

Mobodexter Deal Report

Get Kingscrowd's comprehensive report on Mobodexter including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Mobodexter is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Mobodexter deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge