Our Mayberry
Early Stage
Ecommerce platform where each purchase results in a charitable contribution
Overview
Raised: $52,540
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/05/2020
Close Date
03/12/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$333
# of Investors
23
Momentum
Funded
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Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
CommerceTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Our Mayberry, with a valuation cap of $10 million, is raising funds on Wefunder. It is a cause-based commerce platform that connects businesses, charities, and consumers. The businesses partner with charities that create free digital stores to promote their products and services. The charities charge a percentage donation from each sale. Shawn Tacey founded Our Mayberry in June 2018. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for technology development and sales and marketing. The novel business model of Our Mayberry leverages the social influence of charities to sell products and services of partner businesses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-263,785 |
$57,580 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$47,981 |
$27,900 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$575,981 |
$162,900 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$383,866 |
$85,000 |
|
Total Liabilities |
$383,866 |
$85,000 |
Financials as of: 10/05/2020
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