About this raise
Orange Pill App is raising funds on Thunder Funder. It is a geolocated social network designed to connect Bitcoin enthusiasts with each other, local events, and merchants who accept Bitcoin. Orange Pill App aims to build local communities of Bitcoiners and foster real-world interactions among them. The app has 31,000 registered users and 12,100 active members, with an average revenue per user of $36. Matteo Pellegrini founded the Orange Pill App in January 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for hiring, marketing, and operational expenses.
Investment Overview
Invested : $65,070
Deal Terms
Total Commitments
- Platform
- Thunder Funder
- Start Date
- 12/16/2024
- Close Date
- 03/31/2025
$25,000
$124,000
$250
SAFE
Early Stage
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +126% YoY
-
$282,000
as of FY2023
- Monthly Burn
-
$5,065
as of FY2023
-
Runway
-
20.1 months
as of FY2023
- Gross Margin
-
92%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $250,000
- VC Backed?
- Yes
