Zing

Early Stage

Drone Delivery Platform

Analytics

Raised to Date: Raised: $122,533

Aggregate Commitments $

Platform

Wefunder

Start Date

01/10/2022

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$750,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$7,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

01/19/2022

Days Remaining

101

% of Min. Goal

245%

% of Max. Goal

16%

Likelihood of Max
extremely
Avg. Daily Raise

$13,615

Momentum
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Location

Palm City, Florida

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Zing, with a valuation of $7.5 million, is raising funds on Wefunder. The company is revolutionizing last-mile delivery with its drone delivery platform. The platform makes drone delivery fast, affordable, and accessible to local businesses and customers. Zing has generated over $10,000 in revenue in August 2021 and has more than 3,000 licensed drone pilots. The business has also secured multiple strategic partnerships with leading industry players. Ian Annase founded Zing in June 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used for hiring, marketing, regulatory approvals, and product development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,464

$0

COGS

$4,300

$0

Tax

$474

$139

 

 

Net Income

$-19,546

$-13,343

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$16,099

Accounts Receivable

$0

$0

Total Assets

$12,512

$20,853

Short-Term Debt

$3

$0

Long-Term Debt

$0

$0

Total Liabilities

$3

$0

Financials as of: 01/10/2022
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Zing on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

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