App-App

Underweight
BETA

Complimentary appetizers whenever you dine out.

Analytics

Raised to Date: $256,583

Aggregate Commitments $
Platform

Wefunder

Start Date

05/30/2019

Close Date

07/31/2019

Min. Goal

$20,000

Max. Goal

$300,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Weekly Commitments $
Status
Funded
Reporting Date

08/04/2019

Days Remaining
Funded
% of Min. Goal

1,283%

% of Max. Goal

86%

Likelihood of Max
Funded
Avg. Daily Raise

$4,138

# of Investors

1,186

Momentum
Funded
Location
Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

App-App is raising crowdfunding on WeFunder. The application is a platform that offers complimentary appetizers to the customers when they dine out at the partner restaurants of App-App. The users get to explore new restaurants, get complimentary offerings, and try out new options without any risk. App-App was founded by Todd Folk and Nick Ludwig in 2018 and has raised $38,625 since its founding. The current crowdfunding round has a minimum goal of $20,000 and a maximum goal of $300,000, and the proceeds will be used for product development, marketing, and hiring and salaries. App-App already has more than 75 partner restaurants in New York City, with more than 150 monthly active users. The company has reported a 15% month-over-month growth in partner restaurants in the past five months.

Analyst Report

Underweight
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