Official App

Official App

Closed: Apr. 2022

About this raise

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.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Republic
Start Date
03/01/2022
Close Date
04/15/2022
Min. Goal
$25,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

15%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Claymont, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Zac Stern
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$192
 Runway
0 months

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$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
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/15/2022 Republic $15,000,000 $0 SAFE Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Official App on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $15,000,000

Follow company

Follow Official App on Republic 2022

Buy Official App's Deal Report

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

Official App Deal Report

Get Kingscrowd's comprehensive report on Official App including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Official App is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Official App deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge