PPC Ad Editor

Early Stage

Create and Review PPC Ads Better, Faster, Together! #intelligentworkflows

Analytics

Raised to Date: Raised: $12,350

Aggregate Commitments $

Platform

Wefunder

Start Date

03/05/2021

Close Date

04/30/2022

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$9,000,000

Discount Rate

25%

Rolling Commitments $

Status

Active

Reporting Date

09/18/2021

Days Remaining

224

% of Min. Goal

12%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$63

Momentum
cold
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Location

Corona, California

Industry

Marketing & Advertising

Tech Sector

AdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

PPC Ad Editor, with a $9 million valuation cap, is raising funds on Wefunder. The company has developed a niche SaaS platform for the creation, pre-launch, and approval of pay-per-click (PPC) ads and campaigns. The platform also helps to convert the campaign into an easy-to-read PDF for streamlining the approval process. Charles Sayasith and Albert Somlith founded PPC Ad Editor in 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The raise proceeds will target marketing, sales, new product/features development, professional services, and operations. PPC Ad Editor has over 60 power users and has signed up with its first agency for an annual contract.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$555

$0

COGS

$68,229

$59,598

Tax

$1,652

$0

 

 

Net Income

$-110,011

$-75,844

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$4,751

$99,485

Accounts Receivable

$0

$0

Total Assets

$5,751

$99,485

Short-Term Debt

$521

$0

Long-Term Debt

$132,506

$99,000

Total Liabilities

$133,027

$99,000

Financials as of: 03/05/2021
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