Cyber Dive

Cyber Dive

Early Stage

Making social media safer for kids

Making social media safer for kids

Overview

Raised to Date: Raised: $123,134

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/17/2020

Close Date

12/17/2020

Min. Goal
$9,999
Max. Goal
$1,070,000
Min. Investment

$249

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.33

Pre-Money Valuation

$17,100,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,368

# of Investors

114

Momentum
Funded
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Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Mesa, Arizona

Business Type

Growth

Cyber Dive, with a pre-money valuation of $17.1 million, is raising funds on StartEngine. The company is focused on making social media safer for kids. The platform allows parents to monitor their kids’ social media accounts and soothe the fears surrounding the children’s online activity. Jeff Gottfurcht and Derek Jackson founded Cyber Dive in 2019. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $1,069,999.63, and the funds will be used to improve the product, gain the parents’ trust, and create a brand known for the safety and wellness of children. Cyber Dive’s algorithm is compatible with almost all social media platforms on all iOS and Android devices. The company plans to introduce a subscription model in the second quarter of 2021 and will continue to grow the core user base.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-588,773

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$55,820

$0

Accounts Receivable

$0

$0

Total Assets

$61,515

$0

Short-Term Debt

$6,288

$0

Long-Term Debt

$0

$0

Total Liabilities

$6,288

$0

Financials as of: 09/17/2020
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Cyber Dive on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $17,100,000
Price per Share: $1.33

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