Boonoob

Neutral
BETA

A Social Network for happiness and helping each other during pandemic and beyond

Analytics

Raised to Date: $16,508

Aggregate Commitments $
Platform

Wefunder

Start Date

10/20/2020

Close Date

02/06/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

30%

Weekly Commitments $
Status

Active

Reporting Date

01/24/2021

Days Remaining

11

% of Min. Goal

33%

% of Max. Goal

7%

Likelihood of Max
Avg. Daily Raise

$172

Momentum
Location

San Francisco, California

Industry

Consumer Products, Goods & Services

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Boonoob, with a valuation cap of $10 million, is raising crowdfunding on Wefunder. It is a social network for daily life activities and connects people to help each other and spread happiness. The core values of Boonoob revolve around a good planet, good people, good products, good places, good privacy, and good prices. Hesam Jafari founded Boonoob in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for marketing and sales, business development, infrastructure and cybersecurity, and salaries. Boonoob has connected thousands of people and listed hundreds of events. The company will donate 10% of its earnings to non-profits and charities to empower humanity.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$92,584

$11,000

COGS

$53,699

$7,840

Tax

$4,205

$0

 

 

Net Income

$14,312

$-5,000

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$42,614

$0

Accounts Receivable

$60,892

$0

Total Assets

$103,506

$0

Short-Term Debt

$84,195

$0

Long-Term Debt

$0

$0

Total Liabilities

$84,195

$0

Ratings

last updated 01/26/2021

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