Reflect
Early Stage
We've created a note-taking app designed to mirror the way you think
Overview
Raised: $821,500
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/07/2022
Close Date
11/15/2022
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$15,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/30/2022
Days Remaining
Funded
% of Min. Goal
1,643%
% of Max. Goal
67%
Likelihood of Max
Funded
Avg. Daily Raise
$21,064
# of Investors
334
Momentum
Funded
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Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Reflect, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a note-taking app to mirror the way people think. The app is integrated into the existing tools, like calendar events, Kindle highlights, and web links, backlinks the notes to each other, and does it all very fast. Reflect is led by an experienced team and has had more than a thousand paying customers since its launch earlier this year. Alexander MacCaw founded Reflect in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring, onboarding, paying software engineers, marketing, and customer acquisition.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$34,513 |
$0 |
|
COGS |
$6,971 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-116,736 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$5,825 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$85,051 |
$0 |
|
Short-Term Debt |
$49,787 |
$0 |
|
Long-Term Debt |
$152,000 |
$0 |
|
Total Liabilities |
$201,787 |
$0 |
Financials as of: 10/07/2022
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