Vin Social

Vin Social

Early Stage

Virtual hospitality—helping companies increase revenue and grow relationships

Virtual hospitality—helping companies increase revenue and grow relationships

Overview

Raised this Round: Raised: $268,751

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/06/2021

Close Date

10/02/2021

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$17,000,000

Discount

15%

Year Founded

2020

Industry

Travel and Hospitality

Tech Sector

CommerceTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

High

Location

Denver, Colorado

Business Type

Growth

Vin Social, with a $17 million valuation cap, is raising funds on Wefunder. The company offers virtual hospitality services for top brands and tech companies through its online programs, e-commerce platform, and national product fulfillment capabilities. Sara Moll founded Vin Social in July 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used to improve the e-commerce platform and tech infrastructure, hire new team members, and acquire new customers. Vin Social has generated $750,000 in revenues since its launch and is on track to reach $1 million in revenues in the first year. The current clients of Vin Social include Adweek, Cisco, Amazon, Verizon, and many others.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$512,737

$0

COGS

$225,360

$0

Tax

$0

$0

 

 

Net Income

$-213,409

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$16,811

$0

Accounts Receivable

$10,555

$0

Total Assets

$37,074

$0

Short-Term Debt

$248,167

$0

Long-Term Debt

$1,316

$0

Total Liabilities

$249,483

$0

Financials as of: 04/06/2021
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Vin Social on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $17,000,000

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