Relevnt

Relevnt

Early Stage

The People’s App

The People’s App

Overview

Raised this Round: Raised: $125

Total Commitments ($USD)

Platform

Netcapital

Start Date

07/25/2022

Close Date

11/28/2022

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$13,365,580

Year Founded

2012

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Ponte Vedra, Florida

Business Type

High Growth

Relevnt, with a valuation of $13.3 million, is raising funds on NetCapital. It is a group messaging app that allows people to connect and interact freely with one another and share content they love. The app enables interactions through live chatrooms that are personalized by timeframes, geolocation, and interests. Relevnt has a growing pipeline of innovative features, including pop-up chatrooms and permanent chatrooms, and is already available on the App Store and Google Play. Winder Hughes and Tyler Droll founded Relevnt in May 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for network and administration, tech and creative development, in-house content marketing, influencer marketing, and direct-to-consumer marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,396,126

$-538,637

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$915,790

$6,152

Accounts Receivable

$0

$0

Total Assets

$1,527,684

$687,780

Short-Term Debt

$2,162,959

$2,769,438

Long-Term Debt

$0

$0

Total Liabilities

$2,162,959

$2,769,438

Financials as of: 07/25/2022
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Relevnt on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $13,365,580
Price per Share: $1.00

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