Cedar Credit Builder

Building the world's most innovative personal finance and credit solutions

Analytics

Raised to Date: $9,700

Aggregate Commitments $
Platform

Wefunder

Start Date

02/12/2021

Close Date

04/30/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$4,000,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

8

% of Min. Goal

19%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$143

Momentum
cold
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Luverne, Minnesota

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Cedar Credit Builder, with a $4 million valuation cap, is raising crowdfunding on Wefunder. The company provides innovative personal finance and credit solutions and helps people build credit through various activities. The users get a special Cedar Credit Builder card to pay their bills and subscriptions, with a restricted credit limit to boost credit scores. Adam Finke and George Ulmer founded Cedar Credit Builder in May 2020. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used for banking partners, technology partners, and operations partners, development, data science, marketing, and compliance. Cedar Credit Builder has multiple revenue streams and a contracted bank partner.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-29,475

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$1,105

$0

Accounts Receivable

$0

$0

Total Assets

$1,105

$0

Short-Term Debt

$30,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$30,000

$0

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)

Pro

$25 /month
billed annually
Unlimited analyst reports. Does not include ratings.
Plan Includes:
Everything in Starter, plus
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Full access to Analyst Reports
Market Analytics
Ratings
Get Pro Annual

Merlin

$41.67 /month
billed annually
Unlimited analyst reports and full access to Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Ratings
Get Merlin Annual
Already a member? Log in here.

Ratings

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Cedar Credit Builder on Wefunder
Follow company
Follow Cedar Credit Builder on Wefunder