Bluelight on Wefunder

Platform

Wefunder

Start Date

04/27/2021

Close Date

04/30/2022

Min. Goal

$50,000

Max. Goal

$200,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$14,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

04/28/2021

Days Remaining

367

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

San Francisco, California

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

Bluelight, with a $14 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a financial data platform for high-performing businesses. The platform uses software to aggregate and benchmark metrics from startups. Alex Lee, Alex Dixon, and Stewart Lamke founded Bluelight in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $200,000, will be used towards engineering, business development, marketing, and operations. Bluelight has a strong founding team and already has an MRR of $2,000 with its ten customers. The business has launched at the right time when economic crisis and disparate software innovation is reaching finance.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-50,633

$0

Summary Balance Sheet

Cash

$189,467

$0

Accounts Receivable

$0

$0

Total Assets

$189,467

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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