Tribel
Early Stage
Kinder, smarter social media
Overview
Raised: $1,521,907
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/21/2023
Close Date
11/03/2023
Min. Goal
$50,003
Max. Goal
$4,999,991
Min. Investment
$100
Security Type
Equity - Preferred
SEC Filing Type
RegCF
Price Per Share
$9.37
Early Bird Valuation
$27,500,000
Pre-Money Valuation
$27,473,768
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$11,358
# of Investors
4,090
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Capital Intensity
Low
Tribel, with a valuation of $27.5 million, is raising funds on Wefunder. The company has developed a kinder and smarter social media platform that connects people with similar interests. The platform empowers users to create and join communities and inspire positive change in the world. It also has safeguards to prevent the spread of hatred, fake news, and bigotry. Tribel has over 600,000 users and has a fully-customizable newsfeed. Omar Rivero founded Tribel in 2019. The current crowdfunding campaign has a minimum target of $50,002 and a maximum target of $4.9 million. The campaign proceeds will be used for product development and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-110,240 |
$-48,972 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,032 |
$315,065 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2,645,062 |
$2,324,264 |
|
Short-Term Debt |
$17,675 |
$0 |
|
Long-Term Debt |
$1,162,708 |
$749,345 |
|
Total Liabilities |
$1,180,383 |
$749,345 |
Financials as of: 06/21/2023
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