Syllaby
[Closed for Investment] Syllaby, with a valuation of $9 million, is raising funds on Wefunder. The company has developed an AI-based, fully automated platform for social media marketing. Syllaby has developed its own proprietary AI avatar technology, Real Clones, and helps users find the top questions the customers are searching for online. The platform has an opted-in email list of over 150,000 and projects to reach over 23,000 new customers in twelve months. Austin Armstrong, Ehsan Gharadjedaghi, and Anand Butani founded Syllaby in January 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for staff hiring, paid advertising, influencer marketing, payroll, and acquiring relevant companies for technology advantages.
Investment Overview
Raised: $89,115
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 04/15/2024
- Close Date
- 08/31/2024
$50,000
$124,000
$100
SAFE
Seed
RegCF
$9,000,000
10%
Company & Team
Company
- Year Founded
- 2023
- Industry
- Marketing & Advertising
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $603,724
- Monthly Burn
- $7,000
- Cash on Hand
- $53,058
- Gross Margin
- 82%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $75,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/31/2024 | Wefunder | $9,000,000 | $89,115 | SAFE | Funded | RegCF |