WedFun App
Early Stage
WedFun is a Netflix type Wedding Lifestyle Streaming Channel combined with a Wedding Planning App.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/31/2021
Close Date
04/21/2023
Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$10,000,000
Valuation Cap
$11,000,000
Discount
9%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/21/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
WedFun App, with a valuation of $11 million, is raising funds on Wefunder. The company has developed a wedding planning app combined with a wedding lifestyle streaming channel. The app helps to reduce the stress related to wedding planning with everything needed at one place and also brings WedFun original productions. WedFun App has partnered with Canva and can leverage its 51 million monthly users. Marc Conneely and Patrick Whitfield founded WedFun App in September 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The campaign proceeds will be used for app enhancement, video content creation, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-23,613 |
$-20,629 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$44,242 |
$20,629 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$44,242 |
$20,629 |
Financials as of: 10/31/2021
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