Carmmunity
Enterprise grade technologies
Analytics
Raised to Date: $150,000
Aggregate Commitments $
Silicon Prairie Online
12/11/2020
12/07/2021
$103,500
$150,000
$1,000
Equity - Common
RegCF
Seed
$1,350,000
Weekly Commitments $
Active
03/03/2021
278
145%
100%
$1,829
42
Minneapolis, Minnesota
Transportation, Automotive, Aviation, & Aerospace
GamingTech
B2C
High
Low
Carmmunity, an app for automotive enthusiasts, is raising funds on Silicon Prairie Online. The app works as the marketplace to buy, sell, and trade parts, in addition to finding local and national car events, meeting new friends, and easily connecting with other users. Daniel Balto founded Carmmunity in 2016. The proceeds of the current crowdfunding campaign, with a minimum goal of $103,500 and a maximum goal of $150,000, will be used for marketing, legal expenses, and hiring. Carmmunity uses a combination of enterprise-grade technologies and has run a successful beta. The business has a huge social media following with 100% organic growth.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$609 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-69,553 |
$-10,876 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$261 |
$194 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$54,061 |
$15,434 |
|
Short-Term Debt |
$7,604 |
$0 |
|
Long-Term Debt |
$5,249 |
$0 |
|
Total Liabilities |
$12,853 |
$0 |
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