SWITCH

SWITCH

Early Stage

Live Audio Speed-Dating App

Live Audio Speed-Dating App

Overview

Raised to Date: Raised: $27,203

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/17/2023

Close Date

02/14/2024

Min. Goal
$15,000
Max. Goal
$546,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.52

Pre-Money Valuation

$5,031,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/03/2023

Days Remaining

73

% of Min. Goal

181%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,700

# of Investors

43

Momentum
warm.svg
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Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Location

Atlanta, Georgia

SWITCH, with a valuation of $5.03 million, is raising funds on StartEngine. The company has developed a dating app to transcend the swipe culture of modern love by putting conversation first. SWITCH 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 in February 2021. The current crowdfunding campaign has a minimum target of $14,999.92 and a maximum target of $546,000. The campaign proceeds will be used for research and development, company employment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-117,132

$-20,727

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,201

$100

Accounts Receivable

$749

$0

Total Assets

$4,951

$100

Short-Term Debt

$20,910

$20,827

Long-Term Debt

$72,000

$0

Total Liabilities

$92,910

$20,827

Financials as of: 11/17/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
SWITCH 02/14/2024 StartEngine $5,031,000 $27,203 Equity - Common Active RegCF
Switch Enterprises 12/23/2022 Wefunder $5,000,000 $66,600 Convertible Note Funded RegCF
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SWITCH on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,031,000
Price per Share: $0.52

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Follow SWITCH on StartEngine 2023

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