SoMee

Early Stage

A Blockchain-Enabled Social Media Platform.

Analytics

Raised to Date: Raised: $231,564

Aggregate Commitments $

Platform

Republic

Start Date

12/15/2021

Close Date

04/15/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$18,700,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

01/24/2022

Days Remaining

81

% of Min. Goal

926%

% of Max. Goal

22%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,789

Momentum
warm.svg
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Aloha, Oregon

Industry

Business Services, Software, & Applications

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Somee, with a valuation of $18,700,000, is raising funds on Republic. SoMee’s mobile apps streamline the user experience and allow you to be social & earn rewards on the go. It is a blockchain enable application. The company had Ad revenue of $3M in the first year. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$584,727

$279,389

COGS

$53,236

$10,302

Tax

$-89,667

$0

 

 

Net Income

$338,361

$10,233

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$34,727

$22,394

Accounts Receivable

$0

$3,680

Total Assets

$925,528

$355,608

Short-Term Debt

$366,541

$280,852

Long-Term Debt

$145,870

$0

Total Liabilities

$512,411

$280,852

Financials as of: 12/15/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
SoMee on Wefunder 2021
$
Platform: Republic
Security Type: SAFE
Valuation: $18,700,000

Follow company

Follow SoMee on Wefunder 2021