Moocho

Moocho

Growth Stage

Where Every Payment Is Rewarding

Where Every Payment Is Rewarding

Overview

Raised to Date: Raised: $194,398

Total Commitments ($USD)

Platform

StartEngine

Start Date

12/21/2023

Close Date

03/19/2024

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Series C

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.32

Pre-Money Valuation

$56,313,866

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/22/2024

Days Remaining

26

% of Min. Goal

1,944%

% of Max. Goal

16%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,086

# of Investors

258

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2010

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Miami Beach, Florida

Business Type

High Growth

Moocho, with a valuation of $56.3 million, is raising funds on StartEngine. The company has developed an easy-to-use mobile payment and rewards platform. Moocho empowers shoppers to pay with their phones, get discounts, and earn rewards from a number of retailers. The platform is a win-win for both shoppers and retailers, with over 6% average payback and 5% instant cashback. Matthew Levenson founded Moocho in December 2010. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing and research and development.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,489,189

$1,709,972

COGS

$636,191

$487,338

Tax

$0

$0

 

 

Net Income

$-6,388,469

$-4,244,364

Summary Balance Sheet

FY 2022 FY 2021

Cash

$81,066

$39,862

Accounts Receivable

$550,140

$276,511

Total Assets

$1,019,449

$618,183

Short-Term Debt

$13,175,353

$6,887,346

Long-Term Debt

$469,464

$569,464

Total Liabilities

$13,644,817

$7,456,810

Financials as of: 12/21/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Moocho on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $56,313,866
Price per Share: $0.32

Follow company

Follow Moocho on StartEngine 2023

Buy Moocho's Deal Report

Moocho Deal Report

Get KingsCrowd’s comprehensive report on Moocho including:

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

Buy the Moocho deal report for only $10!

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