OpenAxis

Early Stage

A platform to simplify and democratize data storytelling

Analytics

Raised to Date: Raised: $68,000

Aggregate Commitments $

Platform

Wefunder

Start Date

11/01/2021

Close Date

11/19/2021

Min. Goal

$50,000

Max. Goal

$107,000

Min. Investment

$1,000

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

11/28/2021

Days Remaining
Funded
% of Min. Goal

136%

% of Max. Goal

64%

Likelihood of Max
Funded
Avg. Daily Raise

$3,778

Momentum
Funded
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Location

New York, New York

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

OpenAxis, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to democratize storytelling. The platform allows users to visualize, share, and collaborate with data to tell stories through simple data visualization. OpenAxis works on a freemium subscription SaaS model and has hundreds of users on the beta waitlist. Alex Damianou, Patrick Russo, and Andrew Chung founded OpenAxis in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for hiring and AWS expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,008

$0

Accounts Receivable

$0

$0

Total Assets

$20,008

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/01/2021
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OpenAxis on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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