Analytics
RegCF
/ RegD 506(c)
11/11/2022
Ardmore, Pennsylvania
Safety, Cybersecurity, & Protection
This App Saves Lives, with a valuation of $5 million, is elevating funds on SeedInvest. It’s an app-based platform that gamifies and rewards secure driving habits. The app makes use of highly effective expertise and a rewards-based strategy to switch distracted driving with a secure one. This App Saves Lives works on a multi-stakeholder enterprise mannequin and is useful for shoppers, manufacturers, employers, and insurance coverage firms. The enterprise has grown its person base by 85% year-over-year from August 2021 to August 2022 and has prevented over 50 accidents. Ryan Frankel based This App Saves Lives in October 2020. The present crowdfunding marketing campaign has a minimal RegCF goal of $25,000, a minimal increase goal of $320,000, and a most goal of $1.24 million. The marketing campaign proceeds can be used for product improvement, workforce enlargement, and development advertising and marketing.
Abstract Revenue and Loss Assertion
|
Income |
$5,151 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Internet Earnings |
$-213,144 |
$-75,565 |
Abstract Steadiness Sheet
|
Money |
$429,373 |
$131,395 |
|
Accounts Receivable |
$0 |
$0 |
|
Complete Belongings |
$429,373 |
$131,395 |
|
Brief-Time period Debt |
$108,212 |
$5,139 |
|
Lengthy-Time period Debt |
$672,300 |
$170,000 |
|
Complete Liabilities |
$780,512 |
$175,139 |
Financials as of: 11/10/2022
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