HelloWoofy

HelloWoofy

Early Stage

Digital marketing platform driven by AI + data science (for SMBs)

Digital marketing platform driven by AI + data science (for SMBs)

Overview

Raised to Date: Raised: $169,054

Total Commitments ($USD)

Platform

Republic

Start Date

06/18/2020

Close Date

12/01/2020

Min. Goal
$25,000
Max. Goal
$689,334
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$9,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2020

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

$1,025

# of Investors

704

Momentum
Funded
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Year Founded

2016

Industry

Marketing & Advertising

Tech Sector

MediaTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

High Growth

HelloWoofy, with a $9 million valuation cap, is raising funds on Republic. It is a smart marketing platform that leverages artificial intelligence technology and data to curate personalized marketing content for small businesses. The platform is the personal social media manager for businesses that keeps the campaigns organized and allows copywriters to become more efficient. HelloWoofy was founded by Arjun Rai in September 2016 and has raised over $900,000 since its founding. The current crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $689,334, and the proceeds will be used to improve its smart data science technology, expand the team, and expand the product offering. HelloWoofy already has over 4,000 customers and generated sales of $135,000 in six months, with a 75% average gross margin.

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

$297,685

$286,183

Long-Term Debt

$75,000

$0

Total Liabilities

$372,685

$286,183

Financials as of: 06/18/2020
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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 on Republic
Platform: Republic
Security Type: SAFE
Valuation: $9,000,000

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