Nwicode
Early Stage
Nwicode a service for quickly creating mobile apps for IOS and Android #NoCode
Overview
Raised: $52,237
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/29/2021
Close Date
12/06/2021
Min. Goal
$50,000
Max. Goal
$200,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,500,000
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$329
# of Investors
58
Momentum
Funded
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Nwicode, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a mobile app builder that helps in creating apps for iOS and Android without coding. The platform supports small businesses by assisting them to grow and making their customers loyal. Ruslan Bugaev and Semion Matyash founded Nwicode in July 2020. The proceeds of the current crowdfunding round, with a minimum target of $80,000 and a maximum target of $250,000, will be used for marketing and hiring new employees. Nwicode’s app works with AI and augmented reality and makes new technologies available to small businesses. The app builder became a strategic partner of Creative Cloud Adobe in 2021.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-515 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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 |
Financials as of: 06/29/2021
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