Queer Spaces

Early Stage

Building the Queer Discord

Analytics

Raised to Date:
$188,350 - RegCF
$608,350 - Total

Aggregate Commitments $

Platform

Wefunder

Start Date

08/04/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF / RegD 506(c)

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

08/14/2022

Days Remaining

259

% of Min. Goal

188%

% of Max. Goal

19%

Likelihood of Max
extremely
Avg. Daily Raise

$18,835

Momentum
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Location

Los Angeles, California

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Queer Spaces, with a valuation of $8 million, is raising funds on Wefunder. It is a queer app that spans the entire spectrum of over 400 million LGBTQ+ people. The app creates a safe digital space for queer people to find their space without any discrimination. The app, Spaces, allows users to discover other LGBTQ+ people authentically and chat with them over shared interests. Queer Spaces launched its MVP in March 2022 and has been growing at 80-400% per month. Christof Wittig founded Queer Spaces in July 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for the engineering and marketing teams and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$45

$0

Accounts Receivable

$0

$0

Total Assets

$45

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/04/2022
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Queer Spaces on Wefunder 2022
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Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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