Rabble

Rabble

Early Stage

We help young people + the brands they love drive social change at scale

We help young people + the brands they love drive social change at scale

Overview

Raised to Date: Raised: $100

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    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$11,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/16/2024

Days Remaining

12

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$2

Momentum
cold.svg
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Year Founded

2021

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

High Growth

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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Rabble on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $11,000,000

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