Cherry App on SeedInvest

Socially-conscious on-demand mobile nail service

Raise to date: $90,152

Reporting Date: 10/13/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

09/19/2019

Stop Date

10/25/2019

Days Remaining

9

Security Type

Convertible Note

Investment Minimum

$1,000

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

361%

% of Maximum Raised

8%

Dollars Per Day to Reach Max

$108,872

DPD* Committed

$3,756

DPD* Category

$0

DPD* All Companies

$1,270

Kingscrowd Momentum

$90,152

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Cherry App, the on-demand mobile nail service, is raising funds on SeedInvest. The company has a valuation cap of $3.5 million and allows customers to avail nail care services at home or office. Cherry App makes it connects local nail technicians with the customers and provides a convenient way to book appointments, with flexibility and transparency. Cherry App was founded by Amber Venz Box, Aaron Coats, and Baxter Box in 2017. The proceeds of the current crowdfunding round, with a round size of $1.3 million, will be used for marketing, technology development, personnel, and debt service. Cherry App has already received over 970 reviews and a 4.9-star app rating.

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