Aggregate Commitments $
Wefunder
02/16/2021
04/30/2021
$300,000
$1,070,000
$100
SAFE
RegCF
Seed
$6,500,000
15%
Rolling Commitments $
Active
04/25/2021
2
126%
35%

$5,542
174

Los Angeles, California
Marketing & Advertising
AdTech
B2B
Medium
Low
High Growth
Worth, with a valuation cap of $6.5 million, is raising crowdfunding on Wefunder. The company has built software that helps businesses convert their customers into marketers. The proprietary search engine of Worth assists in identifying the customers on social media. Patrick Kim and Aditya Mitra founded Worth in 2018 and raised over $500,000 since the inception. The proceeds of the current crowdfunding raise, with a minimum target of $300,000 and a maximum target of $1,070,000, will target technology, sales, operations, and marketing. Worth has created over 20,000 Instagram stories from its customers and reported 20 times revenue growth in the first five months.
Summary Profit and Loss Statement
Revenue |
$4,030 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
|
||
|
||
Net Income |
$-176,668 |
$0 |
Summary Balance Sheet
Cash |
$8,012 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$62,484 |
$0 |
Short-Term Debt |
$212 |
$0 |
Long-Term Debt |
$8,840 |
$0 |
Total Liabilities |
$9,052 |
$0 |