Textpro

Textpro

Open  for investment

About this raise

Textpro, with a valuation of $7 million, is raising funds on StartEngine. The company has developed a seamless and appless platform that enables people to order goods and services. Textpro’s platform can be accessed through popular messaging apps like Facebook, WhatsApp, and Telegram, eliminating the hassle of multiple apps, saving time, and enhancing convenience. The platform can integrate with multiple providers and has successfully delivered services from Uber Eats, JetBlue, and Ticketmaster. James Parrish founded Textpro in September 2021. The current crowdfunding campaign has a minimum and maximum target of $124,000. The campaign proceeds will be used for operations, API payments, and administrative fees.

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Investment Overview

Committed this round: $62,717

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
01/15/2025
Close Date
04/16/2025
Min. Goal
$124,000
Max Goal
$124,000
Min. Investment

$350

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Moultonborough, New Hampshire
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
James Parrish
Title
CEO

Financials

as of October 31, 2024
 Revenue +437% YoY
$4,865
 Monthly Burn
$3,927
 Runway
2.3 months
Gross Margin
7%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$4,865

$906

COGS

$4,536

$324

Tax

$0

$0

 

 

Net Income

$-47,124

$-66,018

Summary Balance Sheet

FY 2023 FY 2022

Cash

$5,455

$-784

Accounts Receivable

$0

$0

Total Assets

$5,455

$-784

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/16/2025 StartEngine $7,000,000 $62,717 Convertible Note Active RegCF
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Add to portfolio
Textpro on StartEngine 2025
Platform: StartEngine
Security Type: Convertible Note
Valuation: $7,000,000

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Follow Textpro on StartEngine 2025

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