WedFun App

Early Stage

WedFun is a Netflix type Wedding Lifestyle Streaming Channel combined with a Wedding Planning App.

Analytics

Raised to Date: Raised: $50,785

Aggregate Commitments $

Platform

Wefunder

Start Date

11/01/2021

Close Date

03/12/2022

Min. Goal

$250,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$11,000,000

Discount Rate

9%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

104

% of Min. Goal

20%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,881

Momentum
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Location

Manhattan Beach, California

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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: 11/01/2021
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WedFun App on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $11,000,000

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