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$10,000,000
07/19/2022
Fremont, California
Business Services, Software, & Applications
EnterpriseTech
Plans, with a valuation of $10 million, is raising funds on Wefunder. The company has created an app for business event marketing and engagement. It is an intelligent audience network that helps businesses reduce costs, time, and the number of tools required to run a successful event. Plans has already been used by over 2,500 users and 20 businesses to create 550 events, with a 20% month-over-month user growth rate. Adnan Kharuf and Muhamed Causevic founded Plans in March 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, research and development, hiring, and working capital.
Summary Profit and Loss Statement
|
Revenue |
$5,000 |
$7,500 |
|
COGS |
$0 |
$0 |
|
Tax |
$800 |
$800 |
|
|
||
|
|
||
|
Net Income |
$-35,606 |
$-27,433 |
Summary Balance Sheet
|
Cash |
$-150 |
$6,226 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$-150 |
$6,226 |
|
Short-Term Debt |
$2,903 |
$1,991 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$2,903 |
$1,991 |
Financials as of: 07/20/2022
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