Rightstars

Rightstars

Closed: Apr. 2023

About this raise

Rightstars, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to make basic legal services affordable for everyone. The solutions of Rightstars connect people with legal problems to the community of lawyers and make legal services accessible to everyone. Rightstars aims to close the justice gap and is based on transparency, simplicity, and friendliness. Christian Nielsen founded Rightstars in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for building a client-to-lawyer payment module, SEO optimization and content, paid search, and launching in the US.

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Investment Overview

Invested this round: $50,000

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
11/29/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max Goal
$400,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

20%

Company & Team

Company

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
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Christian Nielsen
Title
CEO
Founder Name
Hakim Cherif
Title
CPO

Financials

 Revenue
$0
 Monthly Burn
$7,327
 Runway
15 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-87,925

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$110,104

$0

Accounts Receivable

$0

$0

Total Assets

$110,104

$0

Short-Term Debt

$0

$0

Long-Term Debt

$76,135

$0

Total Liabilities

$76,135

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$656,798
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 Wefunder $6,000,000 $50,000 SAFE Funded RegCF
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Add to portfolio
Rightstars on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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Follow Rightstars on Wefunder 2022

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Warning: according to the close date for this deal, Rightstars may no longer be accepting investments.

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