WILLPORTtrust

WILLPORTtrust

Open  for investment

About this raise

WILLPORTtrust, with a valuation of $19.96 million, is raising funds on StartEngine. The company has developed a blockchain-based trust deployment platform to transform estate planning. WILLPORTtrust empowers individuals to create, manage, and distribute trust proceeds online, removing the complexities of traditional and outdated methods. The company released its beta version four months back and has registered over 6,240 users since then. Doris Hagans Schwartz founded WILLPORTtrust in December 2023. The current crowdfunding campaign has a minimum target of $123,998.80 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, marketing, operations, company employment, and working capital.

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Investment Overview

Committed this round: $133,693

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
03/17/2025
Close Date
06/16/2025
Min. Goal
$123,999
Max Goal
$1,234,998
Min. Investment

$498

Security Type

Equity - Preferred

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.65

Pre-Money Valuation

$19,960,855

Company & Team

Company

Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Las Vegas, Nevada
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Doris Schwartz
Title
CEO

Financials

 Revenue
$6,908
as of FY2024
 Monthly Burn
$50,000
as of Feb '25
 Runway
2.1 months
as of Feb '25
 Gross Margin
17%
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$6,908

$5,204

COGS

$5,740

$4,946

Tax

$0

$0

 

 

Net Income

$-1,212,563

$-714,268

Summary Balance Sheet

FY 2024 FY 2023

Cash

$66,752

$7,172

Accounts Receivable

$262

$50,025

Total Assets

$1,916,046

$2,007,550

Short-Term Debt

$341,595

$198,090

Long-Term Debt

$580,641

$2,738,128

Total Liabilities

$922,236

$2,936,218

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$5,200,750
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/16/2025 StartEngine $19,960,855 $133,693 Equity - Preferred Active RegCF
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Add to portfolio
WILLPORTtrust on StartEngine 2025
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $19,960,855
Price per Share: $2.65

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