Sell.app (2022)

Sell.app (2022)

Closed: Jan. 2022

About this raise

Sell.app, with a valuation cap of $6 million, is raising funds on Wefunder. The platform allows users to buy and sell digital products online and aims to become eBay for digital goods. It helps users create unlimited stores and listings for free, ship the products, generate coupons, and do so much more. Sell.app is the easiest and fastest way to list digital goods online and has $100,000 GMV since launching just five months ago. Yousef Abdulhassan founded Sell.app in April 2020. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $500,000. The campaign proceeds will be used for engineering costs, marketing, and hiring.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/07/2021
Close Date
01/07/2022
Min. Goal
$125,000
Max Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,500,000

Valuation Cap

$6,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
CommerceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Middletown, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
Yes
Founder Name
Yousef Abdulhassan
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$36
 Runway
8.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-427

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$303

$0

Accounts Receivable

$0

$0

Total Assets

$303

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Sell.app 01/07/2022 Wefunder $6,000,000 $0 SAFE Not Funded RegCF
Toffee.com 03/29/2021 Wefunder $5,000,000 $185,200 SAFE Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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Sell.app on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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