Zoop

Zoop

Early Stage

Concierge Crowdfunding + E-Commerce Platform

Concierge Crowdfunding + E-Commerce Platform

Overview

Raised to Date: Raised: $106,401

Total Commitments ($USD)

Platform

Republic

Start Date

03/13/2024

Close Date

06/11/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,100,000

Valuation Cap

$6,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

57

% of Min. Goal

213%

% of Max. Goal

9%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,224

# of Investors

68

Momentum
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Year Founded

2020

Industry

Arts & Crafts

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Los Angeles, California

Business Type

Growth

Zoop, with a valuation of $6 million, is raising funds on Republic. It is a crowdfunding platform for creators and publishers. Zoop provides creators and companies the crowdfunding support from start to finish, including marketing, campaign management, production and manufacturing, fulfillment, finance, technology, and project management. The platform has 22,000 registered users, 25,000 transactions, and a 25% repeat customer purchase. Jordan Plosky, Eric Moss, and Marvin Osswald founded Zoop in September 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for technology and product development, operations, business development, sales and client acquisition, marketing and customer acquisition, licensing, and general working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$141,226

$110,559

COGS

$19,203

$5,163

Tax

$0

$0

 

 

Net Income

$-92,066

$-1,598

Summary Balance Sheet

FY 2023 FY 2022

Cash

$366,495

$366,071

Accounts Receivable

$0

$0

Total Assets

$367,732

$366,071

Short-Term Debt

$483,314

$414,587

Long-Term Debt

$0

$0

Total Liabilities

$483,314

$414,587

Financials as of: 03/13/2024
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Zoop on Republic 2024
Platform: Republic
Security Type: SAFE
Valuation: $6,000,000

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