OPER

OPER

Early Stage

A Fully Custom Enterprise Platform

A Fully Custom Enterprise Platform

Overview

Raised this Round: Raised: $76,974

Platform

StartEngine

Start Date

07/26/2017

Close Date

12/23/2017

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$250

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

20%

Year Founded

2015

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Location

St. Louis, Missouri

OPER, with a valuation of $8 million, is raising funds on StartEngine. The company aims to develop an app for free digital payment and remove credit card processing fees for merchants worldwide. OPER offers free payments for its merchant partners and a 3% or 10% dining cash-back reward for its users. The app currently has 27,000 installs, 200 partner restaurants, and over 19,000 registered users. David Laiderman founded OPER in February 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $107,000. The campaign proceeds will be used for R&D, production, marketing, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$9,080

$2,144

COGS

$3,410

$5,980

Tax

$0

$0

 

 

Net Income

$-1,839,670

$-514,589

Summary Balance Sheet

FY 2016 FY 2015

Cash

$86,417

$164,471

Accounts Receivable

$0

$0

Total Assets

$693,481

$651,583

Short-Term Debt

$2,176

$27,916

Long-Term Debt

$0

$0

Total Liabilities

$2,176

$27,916

Financials as of: 07/26/2017
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
OPER 12/23/2017 StartEngine $8,000,000 $76,974 Convertible Note Funded RegCF

No prior online funding rounds.

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OPER on StartEngine 2017
Platform: StartEngine
Security Type: Convertible Note
Valuation: $8,000,000

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Follow OPER on StartEngine 2017

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

OPER Deal Report

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