Queer Spaces

Queer Spaces

Early Stage

Building the Queer Discord

Building the Queer Discord

Overview

Raised this Round: Raised: $217,375

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/03/2022

Close Date

11/12/2022

Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Year Founded

2022

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

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: 08/03/2022
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The Queer Spaces app serves as a safe place to appreciate and nurture queer culture. The niche need for this app is clear. Very few social networking sites focus exclusively on the queer community. Even among queer-designated apps, Queer Spaces stands out out for targeting the entire umbrella of queer identities. Historically, queer apps like Grindr have focused solely on gay men. 

Queer Spaces is a very promising and necessary project. But whether or not the company will make a strong addition to an investor portfolio depends on its ability to overcome some big hurdles. 

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Queer Spaces on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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Follow Queer Spaces on Wefunder 2022

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Warning: according to the close date for this deal, Queer Spaces may no longer be accepting investments.

Queer Spaces Deal Report

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