Smile Dating App

Early Stage

Humor-Based Dating App: We Find Your Perfect Humor Compatibility Match

Analytics

Raised to Date: Raised: $27,858

Aggregate Commitments $

Platform

Wefunder

Start Date

05/25/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$5,000,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

56%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$899

Momentum
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Location

Needham, Massachusetts

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

High Growth

Smile Dating App, with a valuation of $5 million, is raising funds on Wefunder. It is a humor-based dating app that finds partners based on a perfect humor compatibility match. The app harnesses the power of artificial intelligence to create meaningful connections between people that last long. Smile Dating App pulls funny videos from TikTok and matches people based on their reactions to the videos. The app is available for download on the App Store. Melissa Mullen founded Smile Dating App in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, engineering, and miscellaneous expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-8,400

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$50,000

$0

Accounts Receivable

$0

$0

Total Assets

$50,000

$0

Short-Term Debt

$85

$0

Long-Term Debt

$58,315

$0

Total Liabilities

$58,400

$0

Financials as of: 05/25/2022
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Smile Dating App on Wefunder 2022
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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