NettyWorth

NettyWorth

Closed: Jan. 2024

About this raise

NettyWorth, with a valuation of $15 million, is raising funds on Republic. The company has developed a web3 fintech platform enabling users to better manage their digital assets. NettyWorth aggregates data and tools, calculates users’ total value, and provides related financial data. The platform also uses AI to connect borrowers and lenders and allows users to access liquidity through their loan marketplace. July Grullon and Alcides Aguasvivas founded NettyWorth in August 2022. 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 product development, salaries, marketing, and operations.

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Investment Overview

Invested this round:
$80,731 - RegCF
$115,730 - Total

Deal Terms

Total Commitments

Platform
Republic
Start Date
08/04/2023
Close Date
01/02/2024
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$200

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(b)    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Company & Team

Company

Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
RUTHERFORD, New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
July Grullon
Title
CEO
Founder Name
Alcides Aguasvivas
Title
COO

Financials

 Revenue
$0
as of FY2022
 Cash on Hand
$0
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$12,500

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$-1,791

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$2,000

Accounts Receivable

$0

$0

Total Assets

$0

$76,584

Short-Term Debt

$0

$8,676

Long-Term Debt

$0

$0

Total Liabilities

$0

$8,676

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$40,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/02/2024 Republic $15,000,000 $115,730 SAFE Funded RegCF / RegD 506(b)
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Add to portfolio
NettyWorth on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $15,000,000

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Follow NettyWorth on Republic 2023

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

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