Unpluq
About this raise
Unpluq, with a valuation of $5.6 million, is raising funds on Wefunder. The company has developed an app that helps people reverse unhealthy digital habits. Unpluq makes phones less addictive by controlling excessive screen time and constant phone pickups and putting power back in the hands of the users to decide when to use an app and when to enjoy life. The company has an annual run rate of $225,000 and reported a 649% monthly recurring revenue growth from 2023 to 2024. Caroline Cadwell and Jorn Rigter founded Unpluq in August 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $850,000. The campaign proceeds will be used for salaries, operations, cost of goods, marketing, and research and development.
Investment Overview
Invested $105,700 :
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$43,776
as of FY2023
- Monthly Burn
-
$14,231
as of Sep '24
-
Runway
-
1.3 months
as of Sep '24
- Gross Margin
-
88%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $705,850
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/28/2025 | Wefunder | $5,600,000 | $105,700 | SAFE | Funded | RegCF |