Overview

Raised to Date: Raised: $60,232

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/16/2023

Close Date

02/14/2024

Min. Goal

$15,000

Max. Goal

$546,000

Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    

Price Per Share

$0.52

Pre-Money Valuation

$5,031,000

Rolling Commitments ($USD)

Status

Funded

Reporting Date

02/28/2024

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$677

# of Investors

80

Momentum

Funded

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SWITCH

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Atlanta, Georgia

Business Type

High Growth

Company Website

SWITCH, with a valuation of $5.03 million, is raising funds on StartEngine. The company has developed a dating app to transcend the swipe culture of modern love by putting conversation first. SWITCH is committed to a future where genuine connections and meaningful interactions are fostered through technology. It is an audio-based dating platform that puts real-time conversation first and empowers users to make impactful and intentional connections. Corey Staples and Kiana Mincey founded SWITCH in February 2021. The current crowdfunding campaign has a minimum target of $14,999.92 and a maximum target of $546,000. The campaign proceeds will be used for research and development, company employment, and working capital.

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$0	$0
COGS	$0	$0
Tax	$0	$0
Net Income	$-117,132	$-20,727

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$4,201	$100
Accounts Receivable	$749	$0
Total Assets	$4,951	$100
Short-Term Debt	$20,910	$20,827
Long-Term Debt	$72,000	$0
Total Liabilities	$92,910	$20,827

Financials as of: 11/16/2023

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
SWITCH	02/13/2024	StartEngine	$5,031,000	$60,232	Equity - Common	Funded	RegCF
Switch Enterprises	12/22/2022	Wefunder	$5,000,000	$66,600	Convertible Note	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

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

SWITCH: Innovating the Audio-Based Dating Scene

In an era where online dating often feels superficial and disconnected, SWITCH co-founders Kiki Mincey and Corey Staples have embarked on a mission to reinvent the landscape of digital romance. Their company, SWITCH, is not just another dating app; it’s an audio-based platform that breathes life into online interactions through real-time conversations. This app blends the immediacy and authenticity of in-person speed dating with the convenience of digital access. We reached out to Kiki and Corey to learn about their startup journey, their challenges, and their vision for revolutionizing how people find love in the digital age.

Read Founder Interview