Troov

Troov

Closed: Apr. 2025

About this raise

Troov, with a valuation of $2.5 million, is raising funds on Wefunder. It is an activity-based and AI-powered meet-up app. Troov helps people meet someone special while doing what they love. The app enables users to propose activities and matches based on shared passions and has partnered with several local businesses to provide discounts and promotional activities. Dustin Godevais founded Troov in March 2024. 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 ongoing software development, technology infrastructure, operations, and marketing.

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Investment Overview

Invested this round: $98,950

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/01/2024
Close Date
05/01/2025
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

30%

Company & Team

Company

Year Founded
2024
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Austin, Texas
Business Type
High Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Dustin Godevais
Title
CEO

Financials

 Revenue
$0
as of FY2023
 Monthly Burn
$2,474
as of Jul '24
 Runway
0.4 months
as of Jul '24

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$6,428

$0

Tax

$0

$0

 

 

Net Income

$-16,991

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,322

$0

Accounts Receivable

$0

$0

Total Assets

$2,548

$0

Short-Term Debt

$16,174

$0

Long-Term Debt

$0

$0

Total Liabilities

$16,174

$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
05/01/2025 Wefunder $2,500,000 $98,950 SAFE Funded RegCF
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Add to portfolio
Troov on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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Follow Troov on Wefunder 2024

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Warning: according to the close date for this deal, Troov may no longer be accepting investments.

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