Tech & Flow
Early Stage
An innovative financial planning experience to help you reach your first $250K!
Overview
Raised: $80,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
04/06/2023
Close Date
08/08/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,000,000
Valuation Cap
$4,500,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
08/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$650
# of Investors
57
Momentum
Funded
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Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Tech & Flow, with a valuation of $4.5 million, is raising funds on Wefunder. The company has developed a platform that helps users with financial education and financial planning. The financial planning experience of Tech & Flow not only educates the users but also provides them with actionable steps to change their financial position. Tech & Flow is led by an experienced team and has generated more than $160,000 in revenue. Xavier Gray founded Tech & Flow in April 2021. 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 app development, marketing, and personnel.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$85,797 |
$53,238 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$48,519 |
$36,892 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$3,053 |
$579 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,053 |
$579 |
|
Short-Term Debt |
$8,578 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$8,578 |
$0 |
Financials as of: 04/06/2023
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