My Gun's Been Moved

My Gun's Been Moved

Closed: Apr. 2024

About this raise

My Gun’s Been Moved, with a valuation of $4.5 million, is raising funds on Wefunder. The company has developed an app that transforms gun safety through technology to prevent child shootings. My Gun’s Been Moved aims to serve parent firearm owners by notifying them when their gun is safely in place and when it has been removed from its location. The app has received investment from Pharrell Williams and has been featured in Black Enterprise. Kayla Austin and Helen Austin founded My Gun’s Been Moved in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for product development, research and development, manufacturing setup, marketing and advertising, content creation and distribution, partnerships and collaborations, salaries, and repayment of related-party debt.

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Investment Overview

Invested this round: $124,500

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/22/2024
Close Date
04/29/2024
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$1,000

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,000,000

Valuation Cap

$4,500,000

Discount

0%

Company & Team

Company

Year Founded
2023
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Bolingbrook, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Helen Crawley-Austin
Title
President, COO, and CFO
Founder Name
Kayla Austin
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$2,000
 Runway
11.9 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$55,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2024 Wefunder $4,500,000 $124,500 SAFE Funded RegCF
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Add to portfolio
My Gun’s Been Moved on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $4,500,000

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Follow My Gun’s Been Moved on Wefunder 2024

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Warning: according to the close date for this deal, My Gun's Been Moved may no longer be accepting investments.

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