Wolfpack Financial

Wolfpack Financial

[Closed for Investment] Wolfpack Financial, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a proprietary and innovative trading, lending, and education platform. Wolfpack Financial helps beginners and inexperienced investors find what stocks and ETFs to invest in, trade, and grow their portfolios over time. The platform was the winner of the 2022 Benzinga Global Fintech Award for ‘Best Product for Beginners’ and was selected for the 2023 AWS Global Fintech Accelerator Program. George Parthimos founded Wolfpack Financial in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.2 million. The campaign proceeds will be used for development costs, administration, operations, and marketing and promotions.

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Investment Overview

Raised this Round: Raised: $57,385

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/26/2024
Close Date
11/04/2024
Min. Goal
$50,000
Max. Goal
$1,200,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,000,000

Valuation Cap

$15,000,000

Discount

10%

Company & Team

Company

Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Palo Alto, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
George Parthimos
Title
CEO

Financials

as of May 31, 2024
 Revenue
$187,421
 Monthly Burn
$23,000
 Runway
2.6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$187,421

$11,397

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-874,300

$-567,731

Summary Balance Sheet

FY 2023 FY 2022

Cash

$319

$23,362

Accounts Receivable

$0

$31,816

Total Assets

$319

$285,767

Short-Term Debt

$533,417

$220,562

Long-Term Debt

$0

$0

Total Liabilities

$533,417

$220,562

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$517,482
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/04/2024 Wefunder $15,000,000 $57,385 SAFE Funded RegCF
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Wolfpack Financial on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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