Lila Labs

Your ultimate relationship app, powered by astrology

Analytics

Raised to Date: $48,654

Aggregate Commitments $
Platform

Republic

Start Date

04/01/2021

Close Date

07/30/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$6,500,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

47

% of Min. Goal

195%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$666

# of Investors

148

Momentum
cool
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Location

Venice, California

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Lila Labs, your ultimate relationship app, is raising funds on Republic. The app helps people navigate the three dimensions of relationships, including self-discovery, social discovery, and relationship building. It also translates astrological symbolism into useful information. Ricky Williams, Linnea Miron, and Steven Forrest founded Lila Labs in March 2019 and raised over $155,000 since the inception. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $1,070,000, and the funds will be used for growth and expansion. Lila Labs has a strategic partnership with AstroTwins and is catering to a total addressable market of over $9.2 billion.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-62,399

$-152,023

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$57

$0

Total Assets

$3

$57

Short-Term Debt

$21,533

$0

Long-Term Debt

$102,800

$102,800

Total Liabilities

$124,333

$102,800

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