SWITCH

SWITCH

Early Stage

Live Audio Speed-Dating App

Live Audio Speed-Dating App

Overview

Raised this Round: Raised: $60,232

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/16/2023

Close Date

02/14/2024

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

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.52

Pre-Money Valuation

$5,031,000

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Atlanta, Georgia

Business Type

High Growth

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: 11/16/2023
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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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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Founder Profile

SWITCH: Innovating the Audio-Based Dating Scene

In an era where online dating often feels superficial and disconnected, SWITCH co-founders Kiki Mincey and Corey Staples have embarked on a mission to reinvent the landscape of digital romance. Their company, SWITCH, is not just another dating app; it’s an audio-based platform that breathes life into online interactions through real-time conversations. This app blends the immediacy and authenticity of in-person speed dating with the convenience of digital access. We reached out to Kiki and Corey to learn about their startup journey, their challenges, and their vision for revolutionizing how people find love in the digital age.

Read Founder Interview

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Add to portfolio
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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Warning: according to the close date for this deal, SWITCH may no longer be accepting investments.

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