Rightstars
Early Stage
Access to justice is broken. Our community is here to fix it.
Overview
Raised: $73,700
Total Commitments ($USD)
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
Series
Seed
Funding Type
RegCF
Valuation Cap
$6,000,000
Discount Rate
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/01/2023
Days Remaining
88
% of Min. Goal
147%
% of Max. Goal
18%
Likelihood of Max
Avg. Daily Raise
$1,152
# of Investors
55
Momentum
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Location
New York, New York
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
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.
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 |
Financials as of: 11/29/2022
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Ratings 
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Analyst Report
Pending Review