PloomSocial

PloomSocial

Early Stage

The Fundraising Social Network

The Fundraising Social Network

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/30/2024

Close Date

12/31/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,000,000

Valuation Cap

$10,000,000

Discount

20%

Year Founded

2022

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Location

Irvine, California

Business Type

High Growth

PloomSocial, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a platform to bring the power of video storytelling to charitable organizations. PloomSocial is a fundraising social network that bridges the gap between donors and fundraisers and increases transparency, engagement, and retention. PloomSocial’s ten initial campaigns have raised $100,000, and 900 campaigns are projected for 2024 with an expected revenue of $1.3 million. Cary Carlton founded PloomSocial in February 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for product development, user experience, social marketing, customer support and engagement, and strategic partnerships.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$5,009

$1,876

COGS

$0

$394

Tax

$0

$0

 

 

Net Income

$-310,188

$-314,625

Summary Balance Sheet

FY 2023 FY 2022

Cash

$8,938

$75,390

Accounts Receivable

$0

$0

Total Assets

$10,074

$75,390

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/30/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
PloomSocial 12/31/2024 Wefunder $10,000,000 $0 SAFE Active RegCF

No prior online funding rounds.

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PloomSocial on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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