Evrmore

Neutral
BETA

1st Mover Digital Wellness App Using Emotion AI for Underserved Youth

Analytics

Raised to Date: $38,208

Aggregate Commitments $
Platform

Wefunder

Start Date

02/23/2021

Close Date

03/01/2022

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$2,500,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

02/28/2021

Days Remaining

364

% of Min. Goal

38%

% of Max. Goal

15%

Likelihood of Max
Avg. Daily Raise

$7,642

Momentum
Location

New York, New York

Industry

Fitness & Wellness

Tech Sector

AutomationTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Evrmore, with a $3 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a digital wellness app using emotional artificial intelligence. It serves as the social and mentor network for underserved youth to speak their truth and stay on track. Ivy Mahscio founded Evrmore in November 2019. The current crowdfunding round of the company has a minimum goal of $100,000 and a maximum goal of $250,000. The funds will target the launch of the D2C app in the iOS app store, the development of the app for Apple Watch, the development of social analytics dashboard, and the development of Alexa Skills for the app. Evrmore has over 30,000 users and has reported a 583% user growth per month.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-55,071

$-4,000

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$14,929

$4,000

Accounts Receivable

$0

$0

Total Assets

$14,929

$4,000

Short-Term Debt

$3,000

$4,000

Long-Term Debt

$0

$0

Total Liabilities

$3,000

$4,000

Ratings

last updated 03/02/2021

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