Official App
Early Stage
There are apps to help you find love—now there's an app to help you keep love
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
02/28/2022
Close Date
04/15/2022
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$15,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Official App, with a valuation of $15 million, is raising funds on Republic. The app helps users become better partners and grow together instead of apart. The Official App helps couples address common relationship challenges and redefines what it means to date. Official App has 186,000 app store impressions and over 100,000 downloads and has content partnerships with Simplenight, One Love, and Tiqets. Zac Stern founded Official App in August 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for technical development, partnerships, marketing, and salaries.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,299 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$30,003 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/28/2022
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