Applaudable

Applaudable

Growth Stage

Social Media 3.0

Social Media 3.0

Overview

Raised to Date: Raised: $211,741

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/11/2023

Close Date

09/06/2023

Min. Goal
$15,000
Max. Goal
$4,999,995
Min. Investment

$248

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$7.53

Pre-Money Valuation

$45,946,208

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/29/2023

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

$2,462

# of Investors

128

Momentum
Funded
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Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Applaudable, with a valuation of $45.95 million, is raising funds on StartEngine. The company has developed an online shopping platform, Moro, that uses social search to change how people shop online. The platform provides highly curated and user-generated photos that help make purchase decisions by providing context. The company is extending social search with Applaudable by allowing users to search, share, and find experiences they love. Andrew Christodoulides founded Applaudable in April 2016. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $5 million. The campaign proceeds will be used for research and development, marketing, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$1,758,421

$828,843

COGS

$1,485,947

$427,194

Tax

$0

$0

 

 

Net Income

$-1,938,173

$-1,796,394

Summary Balance Sheet

FY 2022 FY 2021

Cash

$191,872

$68,311

Accounts Receivable

$0

$0

Total Assets

$290,428

$294,005

Short-Term Debt

$524,897

$1,733,105

Long-Term Debt

$2,761,162

$2,516,013

Total Liabilities

$3,286,059

$4,249,118

Financials as of: 06/11/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Applaudable 09/05/2023 StartEngine $45,946,208 $211,741 Equity - Common Funded RegCF
Applaudable 06/05/2022 Republic $34,998,405 $1,860,336 Equity - Common Funded RegA+
WeLivv 12/30/2019 Republic $20,000,000 $1,070,000 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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Applaudable on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $45,946,208
Price per Share: $7.53

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