Zoop
Early Stage
Concierge Crowdfunding + E-Commerce Platform
Overview
Raised: $108,651
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
36
% of Min. Goal
217%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$2,012
# of Investors
73
Momentum
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Year Founded
2020
Industry
Arts & Crafts
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
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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