OpenAxis
Early Stage
A platform to simplify and democratize data storytelling
Overview
Raised: $68,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/31/2021
Close Date
11/19/2021
Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment
$1,000
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$8,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,778
# of Investors
35
Momentum
Funded
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
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: 10/31/2021
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