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Stonks Trading

Stonks Trading

Early Stage

A user-owned Stonks Platform built by, with, and for the people

A user-owned Stonks Platform built by, with, and for the people

Overview

Raised to Date: Raised: $351,045

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/22/2021

Close Date

06/30/2021

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

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/03/2021

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

$5,162

# of Investors

356

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Windsor Heights, Iowa

Business Type

Growth

Stonks Trading, with a $10 million valuation cap, is raising funds on Wefunder. The company has developed a platform that simplifies money management and asset allocation. It also empowers the users to bank with Stonks Banking, trade with Stonks Trading, and manage the portfolios with Stonks Manager. Anthony Hughes founded Stonks Trading in February 2021. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $1,000,000. The raise proceeds will be used towards marketing, continued Trading app development, and general operating expenses. Stonks Trading aims to allow users to visualize and manage their entire investment portfolio in one central location.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$1

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/22/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
People Finance (previously Stonks Trading) 04/09/2023 Wefunder $25,000,000 $0 SAFE Not Funded RegCF
Stonks Trading 06/29/2021 Wefunder $10,000,000 $351,045 Convertible Note 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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Stonks Trading on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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