Perimeter

Perimeter

Early Stage

Disaster management platform for real-time, collaborative data-sharing

Disaster management platform for real-time, collaborative data-sharing

Overview

Raised to Date: Raised: $4,442,868

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/18/2023

Close Date

05/13/2023

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$185,120

# of Investors

4,169

Momentum
Funded
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Year Founded

2019

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

BERKELEY, California

Business Type

High Growth

Perimeter, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a disaster management platform for active collaboration and data-sharing among first responders. The real-time emergency management platform of Perimeter creates a single source where incident information is uploaded in real time. It empowers emergency managers to spend more time taking action and less time sharing information. Perimeter has been actively deployed for wildfires and floods and has been featured in Business Insider, Forbes, The Guardian, and The Wall Street Journal. Bailey Farren and Noah Wu founded Perimeter in July 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for hiring, marketing, and overhead expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$22,294

$28,739

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-771,511

$-443,418

Summary Balance Sheet

FY 2022 FY 2021

Cash

$277,825

$522,194

Accounts Receivable

$0

$0

Total Assets

$278,196

$524,440

Short-Term Debt

$33,496

$8,229

Long-Term Debt

$0

$0

Total Liabilities

$33,496

$8,229

Financials as of: 04/18/2023
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Perimeter on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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