Vegpal
Early Stage
A vegan community-building platform
Overview
Raised: $92,500
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/17/2022
Close Date
10/19/2022
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$3,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$601
# of Investors
29
Momentum
Funded
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Vegpal, with a valuation of $3.5 million, is raising funds on Wefunder. The company has built a community-building platform that connects vegans around the world. The vegan community and social media app advances the vegan movement by uniting vegans in local areas and across the world. Vegpal has thousands of members onboarded and has demonstrated strong and steady growth since its launch eight months ago. Dahlia Eisenberg founded Vegpal in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing and new feature development.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-25,385 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$40,054 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$50,776 |
$0 |
|
Short-Term Debt |
$1,161 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,161 |
$0 |
Financials as of: 05/17/2022
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