Safe-Esteem

Safe-Esteem

Closed: Jan. 2023

About this raise: Safe-Esteem, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an app that measures personal safety and improves health, safety, and security awareness. The app helps people to quantify their personal risk and safety in real-time, generates a live score for accidents and crime risks and empowers individuals to make smarter and safer choices. Safe-Esteem combines the use of mobile and wearable technology, big data analytics, and human and artificial intelligence to improve risk judgment. Filippo Marino founded Safe-Esteem in January 2019. The current crowdfunding campaign has a minimum target of $350,000 and a maximum target of $1,070,000. The campaign proceeds will be used for software development, marketing, compensation, and operating costs.

Expand

Investment Overview

Invested this round: $361,600

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/05/2022
Close Date
01/31/2023
Min. Goal
$350,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$15,000,000

Valuation Cap

$20,000,000

Discount

15%

Company & Team

Company

Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Miami, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Filippo Marino
Title
CEO
Founder Name
Van Wilberding
Title
Board Member

Financials

 Revenue
$0
 Monthly Burn
$4,828
 Runway
11.7 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,238

$30,379

COGS

$14,565

$40,774

Tax

$0

$0

 

 

Net Income

$-57,931

$-93,747

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$56,483

$30,653

Accounts Receivable

$0

$0

Total Assets

$58,416

$31,453

Short-Term Debt

$4,555

$1,734

Long-Term Debt

$120,000

$120,000

Total Liabilities

$124,555

$121,734

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$120,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/31/2023 Wefunder $20,000,000 $361,600 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Safe-Esteem on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow Safe-Esteem on Wefunder 2022

Buy Safe-Esteem's Deal Report

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

Safe-Esteem Deal Report

Get Kingscrowd's comprehensive report on Safe-Esteem including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Safe-Esteem is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Safe-Esteem deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge