PeerKnect

PeerKnect

[Closed for Investment] PeerKnect, with a valuation of $4 million, is raising funds on Wefunder. The app is built for parents, caretakers, and therapists of children with special needs. It builds friendships and social connections for children with special needs and reduces their isolation. PeerKnect allows parents and caretakers of children with special needs to connect with other parents and therapists and assists them in achieving goals. Emily Bruce and Aram Abubaker founded PeerKnect in January 2020. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $350,000. The campaign proceeds will be used for team members and hiring, marketing, and operating expenses.

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Investment Overview

Raised this Round: Raised: $10,675

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
02/18/2022
Close Date
08/18/2022
Min. Goal
$75,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,800,000

Valuation Cap

$4,000,000

Discount

12%

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Nashville, Tennessee
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Aram Abubaker
Title
Chief Software Engineer
Founder Name
Emily Bruce
Title
CEO

Financials

 Revenue
$311
 Monthly Burn
$8,371
 Runway
2.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$311

$0

COGS

$0

$0

Tax

$115

$100

 

 

Net Income

$-100,451

$-41,385

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$18,314

$11,634

Accounts Receivable

$0

$0

Total Assets

$18,314

$11,634

Short-Term Debt

$16,816

$0

Long-Term Debt

$0

$0

Total Liabilities

$16,816

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/18/2022 Wefunder $4,000,000 $10,675 SAFE Not Funded RegCF
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PeerKnect on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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