Yepp
Early Stage
Makes it easy to bring product ideas to life and ship them where they need to go
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/26/2021
Close Date
10/30/2021
Min. Goal
$50,000
Max. Goal
$3,400,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$18,000,000
Valuation Cap
$20,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/29/2021
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
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Yepp, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a platform that helps entrepreneurs and influencers to bring product ideas to life and ship them where they need to go. The platform assists in product creation, payments, quality assurance, communication, fulfillment, and shipping. Yepp has created apparel for Katy Perry, Black Pink, and Selena Gomez and has reported a 200% increase in the current sales pipeline. Adam Maltais, Alex Ok, and Ray Lee founded Yepp in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3,400,000. The campaign proceeds will be used for hiring, marketing and sales, professional services, and other expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$101,685 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-285,235 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,795 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$12,795 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/26/2021
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