WOOW
Early Stage
Social Media
Overview
Raised: $0
Total Commitments ($USD)
Platform
Netcapital
Start Date
12/21/2023
Close Date
03/01/2024
Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$25,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/01/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
WOOW, with a valuation of $25 million, is raising funds on NetCapital. It is a social media platform powered by advanced AI. WOOW is revolutionizing advertising by not tracking or collecting the personal data of users and generating higher profits for advertisers. The platform launched an Android app in January 2023 and has over 500,000 downloads, while the web version is almost completed. Kris Christopher founded WOOW in May 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, legal fees, servers, software, AI, and payroll.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$200 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-324,500 |
$-270,100 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 12/21/2023
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