Paway on StartEngine 2022 – KingsCrowd

Paway on StartEngine 2022 – KingsCrowd

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Security Type

Equity – Common

Pre-Money Valuation

$12,026,316

Reporting Date

07/30/2022

Likelihood of Max

unlikely

Momentum

cold.svg

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Location

Woodland Hills, California

Industry

Media, Entertainment & Publishing

Paway, with a valuation of $12 million, is raising funds on StartEngine. The company has developed a community-based app for dog owners and professionals. The app helps people find the perfect dog groomers, set up park playdates, and find ideal pet sitters and vets. Paway is in the pre-revenue stage and has 25,000 registered users. The app helps both pet owners and pet professionals in availing and marketing the services. Jason Meltzer founded Paway in May 2020. The current crowdfunding campaign has a minimum target of $10,001.52 and a maximum target of $999,998.88. The campaign proceeds will be used for product development, technology development, and marketing.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-365,842

$-133,007

Summary Balance Sheet

Cash

$25,577

$299,617

Accounts Receivable

$0

$0

Total Assets

$25,577

$299,617

Short-Term Debt

$14,847

$13,044

Long-Term Debt

$509,500

$419,500

Total Liabilities

$524,347

$432,544

Financials as of: 07/29/2022

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