WhiteFlag
[Closed for Investment] WhiteFlag, with a valuation of $25.02 million, is raising funds on StartEngine. It is a mental health support app that connects people who struggle with similar mental health challenges. WhiteFlag provides an anonymous peer-to-peer platform that crosses the barriers of social anxiety, accessibility, stigma, and money. The app is available in the market and is currently in the pre-revenue growth stage. Jonathan McCoy, William Howard Jr., and Trent Tinker founded WhiteFlag in April 2021. The current crowdfunding campaign has a minimum target of $14,999.04 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, user acquisition, company employment, and working capital.
Investment Overview
Raised: $110,954
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,680,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/27/2023 | StartEngine | $25,019,501 | $110,954 | Equity - Common | Funded | RegCF |