Withfriends

Withfriends

Early Stage

A Membership Tool To Preserve Cultural Spaces in Our Cities.

A Membership Tool To Preserve Cultural Spaces in Our Cities.

Overview

Raised to Date: Raised: $67,879

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/03/2018

Close Date

10/10/2018

Min. Goal
$50,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$14,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$357

# of Investors

77

Momentum
Funded
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Year Founded

2015

Industry

Business Services, Software, & Applications

Tech Sector

Location

New York, New York

Withfriends wants to help keep cities creative and events exciting -- and they plan to achieve that with their easy-to-use membership program. Their program makes it easy for music and art venues to set up and run events, while also making it easy for audiences to sign up for memberships for the venues they attend, bringing more consistent revenue to the venues themselves. In fact, in their private beta, Withfriends found they can convert 20% of a venue’s existing audience into members. Since their launch, they’ve had more than 8.500 attendees buy tickets for over 450 -- and over 1,700 of those attendees, or roughly 20%, became members. Once Withfriends goes public, they plan to offer their platform to everything from music and art venues, to bookstores, record shops, and small businesses -- all in the name of keeping innovative culture and programs alive and thriving.
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Withfriends on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $14,000,000

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

Withfriends Deal Report

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