HelloWoofy

HelloWoofy

Early Stage

Smart Marketing for Underdogs (aka SMBs). Grew 21,900%, Rev $200,000+ !

Smart Marketing for Underdogs (aka SMBs). Grew 21,900%, Rev $200,000+ !

Overview

Raised to Date: Raised: $199,796

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/14/2020

Close Date

04/30/2021

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,500,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,469

# of Investors

248

Momentum
Funded
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Year Founded

2016

Industry

Marketing & Advertising

Tech Sector

MediaTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Location

New York, New York

Business Type

High Growth

Company Website

HelloWoofy.com, with a valuation cap of $9.5 million, is raising funds on Wefunder. The technology at HelloWoofy uses artificial intelligence and data science to personalize social media marketing for the users. The platform helps users manage different social media networks, organize their campaigns, and make their copywriting more efficient. HelloWoofy.com was founded by Arjun Rai in September 2016 and has raised over $1 million since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $500,000, and the proceeds will be used towards engineering, product development, marketing, accounting, sales, and working capital. HelloWoofy.com grew by 21,900% from its launch in under a year.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,902

$0

COGS

$0

$0

Tax

$450

$0

 

 

Net Income

$-248,051

$-121,341

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,550

$538

Accounts Receivable

$0

$0

Total Assets

$30,550

$538

Short-Term Debt

$489,238

$286,183

Long-Term Debt

$75,000

$0

Total Liabilities

$564,238

$286,183
Financials as of: 12/14/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
SelfTact 04/01/2024 Wefunder $15,000,000 $0 Convertible Note Not Funded RegCF
HelloWoofy 04/27/2023 Wefunder $10,000,000 $163,453 Convertible Note Funded RegCF
HelloWoofy 04/29/2022 Wefunder $9,500,000 $441,295 Convertible Note Funded RegCF
HelloWoofy 04/29/2021 Wefunder $9,500,000 $199,796 Convertible Note Funded RegCF
HelloWoofy 11/30/2020 Republic $9,000,000 $169,054 SAFE Funded RegCF
HelloWoofy 04/29/2020 Republic $5,000,000 $385,817 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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HelloWoofy.com on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $9,500,000

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