Rabble
Early Stage
We help young people + the brands they love drive social change at scale
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/26/2024
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$10,000,000
Valuation Cap
$11,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/30/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Rabble, with a valuation of $11 million, is raising funds on Wefunder. The company has developed a local marketplace that helps young people and the brands they love drive social change at scale. Rabble enables local businesses to create authentic connections with Gen Y/Z consumers to drive loyalty. The business has partnered with top companies like Reebok, Omaha Steaks, Steelers, Eagles, and Phillies and has 1,200 social actions registered, with an average sponsorship of $83 per action. Becky Wang founded Rabble in January 2021. 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 development, marketing, and partnerships.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$51,692 |
$89,824 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-192,504 |
$-344,908 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$21,991 |
$6,876 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$521,991 |
$331,876 |
|
Short-Term Debt |
$588,869 |
$351,679 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$588,869 |
$351,679 |
Financials as of: 02/26/2024
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