washbnb

Early Stage

Laundry sucks. eliminating it for Airbnb hosts is a $69B problem!

Analytics

Raised to Date: Raised: $207,892

Aggregate Commitments $

Platform

Wefunder

Start Date

05/12/2021

Close Date

11/01/2021

Min. Goal

$50,000

Max. Goal

$750,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$5,500,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

11/30/2021

Days Remaining
Funded
% of Min. Goal

416%

% of Max. Goal

28%

Likelihood of Max
Funded
Avg. Daily Raise

$1,202

Momentum
Funded
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Location

Milwaukee, Wisconsin

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

washbnb, with a valuation cap of $5.5 million, is raising funds on Wefunder. The company offers laundry services to Airbnb hosts, enterprise providers, and boutique hotels. Additionally, the company also provides linen rental and logistics in its service offering leading to convenience and sustainability for the hospitality industry. Daniel Cruz, Brian Mandelin, and Cassondra Simpson founded washbnb in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000, and the funds will be used towards facilities and operations buildout, research and development, sales and marketing, and onboarding and salary for new hires. washbnb generated over $24,000 in revenue in its first year of business during the global pandemic.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$23,876

$0

COGS

$15,598

$0

Tax

$0

$0

 

 

Net Income

$-47,539

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$24,319

$0

Accounts Receivable

$18,572

$0

Total Assets

$81,077

$0

Short-Term Debt

$4,922

$0

Long-Term Debt

$20,573

$0

Total Liabilities

$25,495

$0

Financials as of: 05/12/2021
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washbnb on Wefunder
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Platform: Wefunder
Security Type: SAFE
Valuation: $5,500,000

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