Oodles Corporation on Wefunder

OodlesDeals: Only app that drives students to invite friends & eat out together

Raise to date: $55,192

Reporting Date: 04/05/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

01/06/2020

Stop Date

07/03/2020

Days Remaining

87

Security Type

SAFE

Investment Minimum

$1,000

Deal Type

Underweight


Investment Summary

Status

Active

# of Investors

14

% of Minimum Raised

110%

% of Maximum Raised

5%

Dollars Per Day to Reach Max

$11,664

DPD* Committed

$613

DPD* Category

$0

DPD* All Companies

$917

Kingscrowd Momentum

$55,192

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Oodles Corporation, with a $10 million valuation cap, is raising funds on WeFunder. Oodles Corporation’s app, OodlesDeals, drives students to invite friends and eat out together. OodlesDeals allows students to develop strong personal relationships and save money on great food. Students get incentivized for inviting their friends to eat together and get the best value deals. Oodles Corporation was founded by Sajal Sahay and Asheesh Barman in 2017 and has raised over $700,000 since its inception. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,070,000, and the proceeds will be used for marketing, sales, and product and operational expenses. OodlesDeals has been downloaded by 26,000 students in eight universities and the revenue is growing at a monthly average of 20%.

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