You:Flourish
Early Stage
LGBTQ+ wellness is one tap or swipe away on You:Flourish
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/21/2022
Close Date
02/22/2023
Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$20,000,000
Discount
15%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/25/2023
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
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
You:Flourish, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an app to give individuals access to vetted mental health resources and connections. The app includes a resource directory, a peer support community, and a wellness hub. You:Flourish is specifically created for the LGBTQ+ community and has been incubated by a renowned LGBTQ+ mental health organisation, Envision:You. Steven Haden founded You:Flourish in October 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.07 million. The campaign proceeds will be used for app development, marketing, hiring, and operations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-61,889 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$25 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$25 |
$0 |
|
Short-Term Debt |
$61,889 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$61,889 |
$0 |
Financials as of: 09/21/2022
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