lyfmap. com
Early Stage
A positive social network that connects users over history is building Google Maps to the past!
Overview
Raised: $58,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/17/2021
Close Date
04/30/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$200
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$4,999,800
Valuation Cap
$6,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$569
# of Investors
43
Momentum
Funded
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Year Founded
2015
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
lyfmap. com, with a valuation cap of $6.5 million, is raising crowdfunding on Wefunder. The company has developed a platform that connects users over shared history. The platform allows users to save photos and memories at their map locations, preserve them forever, and share them with others. When other people save memories at the same location, the users get notified to reminisce. Larry Bieza founded lyfmap. com in 2015. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used towards operations and marketing. lyfmap. com is initially targeting people over 50 years of age and helping build a unique database of the world’s history.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-326 |
$-4,781 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,001 |
$1,326 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2,101 |
$1,426 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/17/2021
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