QwikLeaf

QwikLeaf

[Closed for Investment] QwikLeaf, with a pre-money valuation of $5 million, is raising crowdfunding via truCrowd. QwikLeaf has created a QwikCollect platform to click-and-collect cannabis. It is positioned to help cannabis retail stores and consumers in terms of fulfilling demands, increasing sales, and higher customer satisfaction. The company was founded by Neil Biafore. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,070,000. QwikLeaf is the world’s first ever click-and-collect platform for cannabis and involves the use of high-end software and hardware like QwikCube, QwikLocker, and QwikKiosk.

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Investment Overview

Raised this Round: Raised: $206,100

Deal Terms

Total Commitments ($USD)

Platform
truCrowd
Start Date
02/04/2019
Close Date
03/15/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$300

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
CommerceTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Detroit, Michigan
Business Type
High Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Neil Biafore
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$213
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,550

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/15/2021 truCrowd $5,000,000 $206,100 Convertible Note Funded RegCF
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QwikLeaf on truCrowd
Platform: truCrowd
Security Type: Convertible Note
Valuation: $5,000,000

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