AppApp on Wefunder

Complimentary appetizers whenever you dine out

Raise to date: $77,698

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$278,766

Likelihood of Max Extremely
Start Date

11/14/2019

Stop Date

03/06/2020

Days Remaining

92

Security Type

SAFE

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

194

% of Minimum Raised

155%

% of Maximum Raised

28%

Dollars Per Day to Reach Max

$2,186

DPD* Committed

$3,885

DPD* Category

$228

DPD* All Companies

$1,441

Kingscrowd Momentum

$77,698

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

AppApp, with no valuation cap, is raising funds on WeFunder. The application offers free appetizers to users when they dine out at the partner restaurants. AppApp provides instant rewards to consumers while keeping the costs down for restaurant owners. AppApp was launched in 2018 by Todd Folk and Nick Ludwig; however, it received a cold response at TechDay 2018. The team then rethought, redesigned, and restarted the application and raised $250,000 in its first round of crowdfunding in May 2019. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $278,766, and the funds will be used for marketing, continued app development, salaries, and other expenses. AppApp has already partnered with more than 90 restaurants in New York City and has over 250 monthly active users.

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