Smile Dating App

Smile Dating App

[Closed for Investment] 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.

Expand

Investment Overview

Raised this Round: Raised: $5,608

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/25/2022
Close Date
10/25/2022
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

10%

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Needham, Massachusetts
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Melissa Mullen
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$700
 Runway
24+ months

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

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.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$325,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/25/2022 Wefunder $5,000,000 $5,608 Convertible Note Not 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
Smile Dating App on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

Follow company

Follow Smile Dating App on Wefunder 2022

Buy Smile Dating App's Deal Report

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

Smile Dating App Deal Report

Get Kingscrowd's comprehensive report on Smile Dating App including:

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

Buy the Smile Dating App deal report for only $10!

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