Momentor

Momentor

Closed: Apr. 2023

About this raise: Momentor, with a valuation of $1.1 million, is raising funds on Wefunder. The company has developed an integrated platform for mentorship to help knowledge seekers and sharers connect. The technology of Momentor finds suited mentors across social platforms, messages them, and schedules a meeting with them in a safe and seamless manner. Momentor is led by an experienced team and is on the mission of passing knowledge to the next generation. Jamie Goulding founded Momentor in June 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for salaries, MVP build and testing, marketing, and other fees.

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Investment Overview

Invested this round: $123,745

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
02/10/2023
Close Date
04/20/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$200

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$900,000

Valuation Cap

$1,100,000

Discount

20%

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Redwood City, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jamie Goulding
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$68
 Runway
0.6 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-817

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$41

$0

Accounts Receivable

$0

$0

Total Assets

$41

$0

Short-Term Debt

$25

$0

Long-Term Debt

$0

$0

Total Liabilities

$25

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Been There 04/30/2025 Wefunder $5,880,000 $66,198 SAFE Active RegCF
Momentor 04/20/2023 Wefunder $1,100,000 $123,745 SAFE Funded RegCF
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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

Price per Share History

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

Employee History

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Momentor on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $1,100,000

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

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