Waverly Labs

Waverly Labs

Testing the Waters
Early Stage

Over-the-Ear Interpreter

Overview

Raised to Date: Raised: $753,295

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/22/2020

Close Date

Testing the Waters

Min. Goal
Funded
Max. Goal
Funded
Min. Investment

$496

Security Type

Equity - Common

Series

Series A

SEC Filing Type

Test the Waters / RegA+    Open SEC Filing

Price Per Share

$8.86

Pre-Money Valuation

$40,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$12,349

Momentum
Funded
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Year Founded

2014

Industry

Media, Entertainment & Publishing

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Brooklyn, New York

Business Type

Growth

Waverly Labs, an innovative voice and language products company, is raising funds on StartEngine through Test the Waters / Reg A+ crowdfunding. The over-the-ear interpreter of Waverly Labs can translate over 20 languages and help cross the language barrier in business and commerce. Andrew Ochoa and Sergio Delrio Diaz founded Waverly Labs in 2014 and have raised over $2.1 million in previous rounds of financing. The current round of crowdfunding does not have a minimum target and a maximum target of $9,999,998, and the funds will be used towards production, research and development, marketing, and working capital. Waverly Labs has generated lifetime revenues of $9.2 million and has partnered with companies like Walmart, Hilton, and Amazon Fulfillment Centers.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Waverly Labs 08/30/2022 StartEngine $41,992,181 $197,961 Equity - Common Funded RegCF
Waverly Labs 11/09/2021 StartEngine $40,000,000 $1,067,051 Equity - Common Funded RegA+
Waverly Labs 01/22/2021 StartEngine $40,000,000 $753,295 Equity - Common Funded Test the Waters / RegA+
Waverly Labs 02/14/2020 StartEngine $14,000,000 $1,054,519 Equity - Common Funded RegCF
Waverly Labs 11/24/2017 StartEngine $11,412,773 $1,070,000 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Waverly Labs on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $40,000,000
Price per Share: $8.86

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