Switch Enterprises

Switch Enterprises

Early Stage

Transcending the swipe culture of modern love by putting the conversation first

Transcending the swipe culture of modern love by putting the conversation first

Overview

Raised to Date: Raised: $66,600

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/02/2022

Close Date

12/22/2022

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$250

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$822

# of Investors

37

Momentum
Funded
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Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Atlanta, Georgia

Business Type

Growth

Switch Enterprises, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a dating app to transcend the swipe culture of modern love by putting conversation first. The app is committed to a future where genuine connections and meaningful interactions are fostered through technology. It is an audio-based dating platform that puts real-time conversation first and empowers users to make impactful and intentional connections. Corey Staples and Kiana Mincey founded Switch Enterprises in August 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 completing the development for the Beta launch, marketing, app maintenance, and miscellaneous expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/02/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
SWITCH 02/13/2024 StartEngine $5,031,000 $60,232 Equity - Common Funded RegCF
Switch Enterprises 12/22/2022 Wefunder $5,000,000 $66,600 Convertible Note Funded RegCF
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Switch Enterprises on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $5,000,000

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Warning: according to the close date for this deal, Switch Enterprises may no longer be accepting investments.

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