About this raise
Muvr, with a valuation of $50 million, 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 and currently has over 50,000 users and thousands of monthly orders that generated $1.2 million in revenue in 2024. Rico Suarez founded Muvr in January 2023. 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 customer and driver acquisition, marketing, tech enhancements, nationwide expansion, AI and technology development, and operational scaling.
Investment Overview
Committed [Withdrawn]: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/31/2025
- Close Date
- 04/09/2025
$50,000
$124,000
$500
SAFE
Growth Stage
RegCF
$45,000,000
$50,000,000
0%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +537% YoY
-
$1,244,022
as of FY2024
- Monthly Burn
-
$16,688
as of FY2024
-
Runway
-
3.1 months
as of Mar '25
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $96,031
- VC Backed?
- No