Muvr
On-Demand Moving, Same-Day Furniture Delivery, Junk Removal, Labor & More
Overview
Raised: $112,919
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
85
% of Min. Goal
226%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$1,590
# of Investors
55
Momentum
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Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
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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