Muvr

Muvr

Open  for investment

About this raise

Muvr is raising funds on Wefunder. The company has developed an app for on-demand moving, furniture delivery, junk removal, and labor. Muvr works to empower gig workers by providing them fair treatment and provides users access to trusted professionals and reliable and vetted movers. The app has acquired 90% of its users through word of mouth, with 25 gig workers signing up daily, and has registered $2,000 per day in profit after launching only in Los Angeles County, California recently, in November 2023. Rico Suarez founded Muvr in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring, marketing, working capital, and other expenses.

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Investment Overview

Committed this round: $153,300

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/26/2024
Close Date
04/30/2025
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

4.00X

Rev. Share %

3.00%

Company & Team

Company

Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Wilmington, Delaware
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Rico Suarez
Title
CEO and President

Financials

as of Fiscal Year 2023
 Revenue
$195,192
 Monthly Burn
Profitable
 Cash on Hand
$7,087

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$195,192

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$91,604

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$7,087

$0

Accounts Receivable

$0

$0

Total Assets

$7,087

$0

Short-Term Debt

$0

$0

Long-Term Debt

$36,402

$0

Total Liabilities

$36,402

$0

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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
04/30/2025 Wefunder - $153,300 Revenue Share Active RegCF
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Muvr on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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