Nyoobe
About this raise: Nyoobe, with a valuation cap of $12.5 million, is raising crowdfunding on Wefunder. It is a mobile app that allows businesses to advertise their products without paying any upfront fees. The members of Nyoobe earn cash for referring products and services anywhere in the world. It helps businesses generate word-of-mouth sales while benefitting the users financially. Nyoobe was founded by Derek Tippins, Michael Lee, and Kevin Thigpen in 2017 and has raised over $500,000 since its inception. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $1,070,000. The funds will be used for marketing and advertising and technology development. Nyoobe is already available on Google Play and App Store and will be available in nine countries in 2021.
Investment Overview
Not Funded: $23,583
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/03/2020
- Close Date
- 10/30/2020
$50,000
$1,070,000
$100
SAFE
Seed
RegCF
$12,000,000
25%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Marketing & Advertising
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/30/2020 | Wefunder | $12,000,000 | $23,583 | SAFE | Not Funded | RegCF |