CircleIt on Wefunder 2022 – KingsCrowd

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CircleIt on Wefunder 2022 – KingsCrowd


Valuation Cap

$52,000,000

Reporting Date

12/22/2022

Chance of Max

Momentum

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Location

Chicago, Illinois

Trade

Media, Leisure & Publishing

CircleIt, with a valuation of $52 million, is elevating funds on Wefunder. The corporate has developed a social media software the place can chat, construct your loved ones tree and ship playing cards to family members free of charge. CircleIt means that you can create and ship playing cards to your family members that can magically unlock, days, years or a long time from now. Membership has grown 400% YOY and a median score of 4.7 on App Retailer & Google Play Artwork Shaikh based CircleIt in 2018. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $5,00,000. The marketing campaign proceeds shall be used for software and product improvement, advertising, IP and Emblems, operations, know-how improvement and infrastructure.

Abstract Revenue and Loss Assertion

Income

$0

$41,082

COGS

$0

$782,182

Tax

$-17,500

$0

 

 

Internet Revenue

$-2,472,779

$-451,807

Abstract Steadiness Sheet

Money

$1,782,530

$40,879

Accounts Receivable

$0

$0

Whole Property

$435,461

$918,283

Brief-Time period Debt

$349,898

$350,423

Lengthy-Time period Debt

$0

$0

Whole Liabilities

$349,898

$350,423

Financials as of: 12/20/2022

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