Syllaby

Syllaby

Early Stage

All-in-one AI based full automation for social media marketing

All-in-one AI based full automation for social media marketing

Overview

Raised to Date: Raised: $150,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/14/2024

Close Date

08/13/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/25/2024

Days Remaining

79

% of Min. Goal

301%

% of Max. Goal

121%

Likelihood of Max
exceeded
Avg. Daily Raise

$3,671

# of Investors

130

Momentum
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Year Founded

2023

Industry

Marketing & Advertising

Tech Sector

AdTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Durham, North Carolina

Business Type

High Growth

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.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$603,724

$0

COGS

$107,793

$0

Tax

$0

$0

 

 

Net Income

$85,818

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$53,058

$0

Accounts Receivable

$0

$0

Total Assets

$178,058

$0

Short-Term Debt

$560

$0

Long-Term Debt

$0

$0

Total Liabilities

$560

$0

Financials as of: 04/14/2024
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Syllaby on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $9,000,000

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