Paway
Early Stage
The Future of Pet Care
Analytics
Raised: $7,963
Aggregate Commitments $
Platform
StartEngine
Start Date
07/29/2022
Close Date
10/27/2022
Min. Goal
$10,002
Max. Goal
$999,999
Min. Investment
$101
Security Type
Equity - Common
Funding Type
RegCF
Series
Seed
Price Per Share
$1.74
Pre-Money Valuation
$12,026,316
Rolling Commitments $
Status
Active
Reporting Date
08/14/2022
Days Remaining
74
% of Min. Goal
80%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$498
Momentum
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Location
Woodland Hills, California
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Paway, with a valuation of $12 million, is raising funds on StartEngine. The company has developed a community-based app for dog owners and professionals. The app helps people find the perfect dog groomers, set up park playdates, and find ideal pet sitters and vets. Paway is in the pre-revenue stage and has 25,000 registered users. The app helps both pet owners and pet professionals in availing and marketing the services. Jason Meltzer founded Paway in May 2020. The current crowdfunding campaign has a minimum target of $10,001.52 and a maximum target of $999,998.88. The campaign proceeds will be used for product development, technology development, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-365,842 |
$-133,007 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$25,577 |
$299,617 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$25,577 |
$299,617 |
|
Short-Term Debt |
$14,847 |
$13,044 |
|
Long-Term Debt |
$509,500 |
$419,500 |
|
Total Liabilities |
$524,347 |
$432,544 |
Financials as of: 07/29/2022
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