Muvr

Muvr

On-Demand Moving, Same-Day Furniture Delivery, Junk Removal, Labor & More

On-Demand Moving, Same-Day Furniture Delivery, Junk Removal, Labor & More

Overview

Raised to Date: Raised: $65,510

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/25/2024

Close Date

05/30/2024

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%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

45

% of Min. Goal

131%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,310

# of Investors

42

Momentum
cold.svg
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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

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.

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

Financials as of: 02/25/2024
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Muvr on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

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