Payroll4Free.com
America's Small Business Payroll Service
Overview
Raised: $534,998
Total Commitments ($USD)
Wefunder
09/21/2022
09/21/2023
$250
Equity - Preferred
Seed
RegCF
$12.50
$12,288,836
$13,654,262
Rolling Commitments ($USD)
09/29/2023
$1,470
753
2019
Financial & Insurance Products & Services
EnterpriseTech
B2B
Medium
Low
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$415,534 |
$271,861 |
|
COGS |
$0 |
$0 |
|
Tax |
$562 |
$686 |
| ||
| ||
|
Net Income |
$-321,642 |
$-431,231 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$45,642 |
$14,791 |
|
Accounts Receivable |
$4,174 |
$3,302 |
|
Total Assets |
$49,816 |
$25,447 |
|
Short-Term Debt |
$769,981 |
$701,107 |
|
Long-Term Debt |
$2,185,706 |
$2,134,786 |
|
Total Liabilities |
$2,955,687 |
$2,835,893 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Payroll4Free.com | 09/20/2023 | Wefunder | $13,654,262 | $534,998 | Equity - Preferred | Funded | RegCF |
| Payroll4Free.com | 04/29/2021 | Wefunder | $10,700,000 | $326,318 | Equity - Common | Funded | RegCF |
| Payroll4Free.com | 12/31/2017 | Wefunder | - | $113,471 | Debt | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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