Kidcaboo

Kidcaboo

Early Stage

A Kids' Uber w/ safety-enhancing tech and amazing Driving Nannies is here!

A Kids' Uber w/ safety-enhancing tech and amazing Driving Nannies is here!

Overview

Raised to Date: Raised: $380,435

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/19/2022

Close Date

08/24/2022

Min. Goal
$150,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$12,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2022

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

$3,019

# of Investors

221

Momentum
Funded
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Year Founded

2021

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Mechanicsburg, Pennsylvania

Business Type

Growth

Kidcaboo, with a valuation of $12 million, is raising funds on Wefunder. The company has developed a rideshare service for children with high levels of safety, security, comfort, and reliability. The business uses safety-enhancing and operational technology to facilitate rides between experienced driving nannies and children of busy and working parents. Kidcaboo has an average 70% week-over-week growth rate, with revenue growing from $10,000 per month since its launch in early February 2022. Rebecca Lock founded Kidcaboo in September 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1,070,000. The campaign proceeds will be used for state licensing, legal fees, salaries, and app development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-549,909

$-816

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,116

$1,163

Accounts Receivable

$0

$0

Total Assets

$466,589

$21,826

Short-Term Debt

$28,182

$33,549

Long-Term Debt

$0

$0

Total Liabilities

$28,182

$33,549

Financials as of: 04/19/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Kidcaboo 04/28/2024 Wefunder $12,000,000 $66,700 SAFE Funded RegCF
Kidcaboo 08/23/2022 Wefunder $12,000,000 $380,435 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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Kidcaboo on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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