Plans

Plans

Closed: Mar. 2023

About this raise

Plans, with a valuation of $10 million, is raising funds on Wefunder. The company has created an app for business event marketing and engagement. It is an intelligent audience network that helps businesses reduce costs, time, and the number of tools required to run a successful event. Plans has already been used by over 2,500 users and 20 businesses to create 550 events, with a 20% month-over-month user growth rate. Adnan Kharuf and Muhamed Causevic founded Plans in March 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, research and development, hiring, and working capital.

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Investment Overview

Invested this round: $52,700

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/20/2022
Close Date
03/31/2023
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

15%

Company & Team

Company

Year Founded
2017
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Fremont, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Adnan Kharum
Title
CEO
Founder Name
Muhamed Causevic
Title
CMO

Financials

 Revenue
$7,500
 Monthly Burn
$2,967
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,000

$7,500

COGS

$0

$0

Tax

$800

$800

 

 

Net Income

$-35,606

$-27,433

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$-150

$6,226

Accounts Receivable

$0

$0

Total Assets

$-150

$6,226

Short-Term Debt

$2,903

$1,991

Long-Term Debt

$0

$0

Total Liabilities

$2,903

$1,991

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2023 Wefunder $10,000,000 $52,700 SAFE Funded RegCF
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Plans on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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