Modwalla
About this raise
Modwalla, with a valuation of $6.5 million, is raising funds on Wefunder. The company has developed a B2B marketplace for made-on-demand products. The marketplace connects providers and merchants to buy and sell made-on-demand products, including printed, engraved, stitched, decorated, and embroidered products. Modwalla has 14 providers and 13 merchants on the waitlist and expects to generate $1 million in revenue at the end of year two. Chris Bauman and Greg Barcza founded Modwalla in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used for payroll, technical operations and services, and marketing and advertising.
Investment Overview
Invested : $70,800
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 07/29/2022
- Close Date
- 11/26/2022
$50,000
$150,000
$100
SAFE
Early Stage
RegCF
$6,500,000
10%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/26/2022 | Wefunder | $6,500,000 | $70,800 | SAFE | Funded | RegCF |