Yornest
About this raise
Yornest, with a valuation of $3.25 million, is raising funds on Wefunder. The company has developed a chat application that allows users to scale their group chats. The user experience of Yornest allows users to create large communities and keep them organized, less noisy, and engaging. Yornest has a fully developed product available in iOS and Google Play Stores. Currently, it spans five campuses and has over 1,000 users. Michael Brizendine and Shaquile Noor founded Yornest in March 2022. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $250,000. The campaign proceeds will be used for professional fees, founders’ salaries, and business developments.
Investment Overview
Invested : $78,150
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 04/11/2022
- Close Date
- 08/31/2022
$75,000
$250,000
$100
SAFE
Early Stage
RegCF
$2,500,000
$3,250,000
0%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $225,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/31/2022 | Wefunder | $3,250,000 | $78,150 | SAFE | Funded | RegCF |