My Contact Network

My Contact Network

Early Stage

Never. Lose. Contact.

Never. Lose. Contact.

Overview

Raised to Date: Raised: $71,767

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/19/2023

Close Date

01/18/2024

Min. Goal
$15,000
Max. Goal
$1,234,998
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.81

Pre-Money Valuation

$3,980,497

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$797

# of Investors

27

Momentum
Funded
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Year Founded

2017

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Houston, Texas

Business Type

High Growth

My Contact Network, with a valuation of $3.98 million, is raising funds on StartEngine. The company has developed a contacts management app that helps people manage their personal and professional contact information. My Contact Network keeps the process of sharing and storing contact information simple and aims to replace any native contacts app. The app has reached the milestone of 1,250 connections made between users and has imported over 400,000 contact cards into the application. Logan Marquis Walters founded My Contact Network in September 2017. The current crowdfunding campaign has a minimum target of $14,999.58 and a maximum target of $1.23 million. The campaign proceeds will be used for company employment, research and development, and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-50,439

$-8,984

Summary Balance Sheet

FY 2022 FY 2021

Cash

$666

$6,348

Accounts Receivable

$0

$0

Total Assets

$64,112

$69,793

Short-Term Debt

$43,820

$4,407

Long-Term Debt

$13,280

$12,935

Total Liabilities

$57,100

$17,342

Financials as of: 10/19/2023
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Add to portfolio
My Contact Network on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,980,497
Price per Share: $0.81

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Follow My Contact Network on StartEngine 2023

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Warning: according to the close date for this deal, My Contact Network may no longer be accepting investments.

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