Wolfer Finance

Wolfer Finance

Closed: Dec. 2024

About this raise

Wolfer Finance, with a valuation of $2.5 million, is raising funds on Akemona. It is one of the only WEB2 & WEB3 market one-stop-shops in the world. Wolfer Finance has a robust blockchain infrastructure that enables retail consumers to benefit from participation in Master and Validator node-ing and potential digital currency mining in the future. The business also has access to private opportunities, including media and marketing agency resources, Software-as-a-Service, Regulation-as-a-Service, and other revenue sources. Drew Wolfer founded Wolfer Finance in October 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $2.5 million. The campaign proceeds will be used for the expansion of master and validator notes, setting up a cryptocurrency mining arm, salaries, and growth.

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Investment Overview

Invested this round: $118,798

Deal Terms

Total Commitments ($USD)

Platform
Akemona
Start Date
05/23/2024
Close Date
01/01/2025
Min. Goal
$15,000
Max Goal
$2,500,000
Min. Investment

$50

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$500.00

Pre-Money Valuation

$2,500,000

Company & Team

Company

Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Wilmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Drew Wolfer
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue -66.5% YoY
$86,269
 Monthly Burn
Profitable
 Cash on Hand
$10,066

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$86,269

$257,250

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$340,803

$-510,089

Summary Balance Sheet

FY 2023 FY 2022

Cash

$410,561

$730,012

Accounts Receivable

$1,540,374

$995,048

Total Assets

$1,952,379

$1,968,624

Short-Term Debt

$1,340

$17,040

Long-Term Debt

$2,144,803

$2,474,928

Total Liabilities

$2,146,143

$2,491,968

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/01/2025 Akemona $2,500,000 $118,798 Equity - Common Funded RegCF
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Add to portfolio
Wolfer Finance on Akemona 2024
Platform: Akemona
Security Type: Equity - Common
Valuation: $2,500,000
Price per Share: $500.00

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