Urbie

Early Stage

Tackling Urban Pollution through smart Green Tech products

Analytics

Raised to Date: Raised: $52,470

Aggregate Commitments $

Platform

Wefunder

Start Date

10/07/2021

Close Date

02/16/2022

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Rolling Commitments $

Status
Funded
Reporting Date

02/28/2022

Days Remaining
Funded
% of Min. Goal

105%

% of Max. Goal

5%

Likelihood of Max
Funded
Avg. Daily Raise

$398

Momentum
Funded
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Location

Palo Alto, California

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Urbie, with a valuation of $5 million, is raising funds on Wefunder. The company makes smart green tech products to tackle the problem of urban pollution. The first product of Urbie, UrbieAir, improves the indoor environment, is aesthetically elegant, and user-friendly. The gadget purifies air through its biomass filters, collects humidity from the air, and recycles the water for the plant. Urbie aims to develop five more products in the next five years. Bassel Jouni and Bilal Jouni founded Urbie in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for the production of inventory for UrbieAir, marketing, hiring, and product certification.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/07/2021
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Urbie on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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