Well Traveled Group

Well Traveled Group

Early Stage

The private network for a new generation of modern travelers.

The private network for a new generation of modern travelers.

Overview

Raised this Round: Raised: $115,900

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/16/2023

Close Date

09/01/2023

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$200

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,000,000

Valuation Cap

$14,000,000

Discount

20%

Year Founded

2019

Industry

Travel and Hospitality

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

VENICE, California

Business Type

Growth

Well Traveled, with a valuation cap of $14 million, is raising funds on Wefunder. The company is a private network for a new generation of modern travelers. It provides a platform for members to explore featured destinations, book trips, and read trusted reviews. Well Traveled has seen significant growth, with membership increasing 2.5X YoY, surpassing 1,500 paying members, and generating $205K in ARR. Samantha Patil, a seasoned professional with leadership experience at Pandora Media, Snapchat, and Dollar Shave Club, founded Well Traveled. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for further growth and development of the platform.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$195,272

$52,423

COGS

$7,703

$3,193

Tax

$0

$0

 

 

Net Income

$-1,012,797

$-617,263

Summary Balance Sheet

FY 2022 FY 2021

Cash

$225,207

$714,268

Accounts Receivable

$5,760

$4,579

Total Assets

$482,222

$851,228

Short-Term Debt

$309,182

$130,685

Long-Term Debt

$1,836,500

$1,371,500

Total Liabilities

$2,145,682

$1,502,185

Financials as of: 05/16/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Well Traveled Group on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $14,000,000

Follow company

Follow Well Traveled Group on Wefunder 2023

Buy Well Traveled Group's Deal Report

Warning: according to the close date for this deal, Well Traveled Group may no longer be accepting investments.

Well Traveled Group Deal Report

Get KingsCrowd’s comprehensive report on Well Traveled Group including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Well Traveled Group is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Well Traveled Group deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge