Petzbe

No humans allowed.

Analytics

Raised to Date: $56,927

Aggregate Commitments $
Platform

StartEngine

Start Date

03/01/2021

Close Date

08/25/2021

Min. Goal

$9,995

Max. Goal

$1,069,997

Min. Investment

$196

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$14,344,000

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

73

% of Min. Goal

570%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$547

# of Investors

115

Momentum
cool
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Location

New York, New York

Industry

Pet Health, Food, and Services

Tech Sector

MediaTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Petzbe, with a pre-money valuation of $14.3 million, is raising funds on StartEngine. It is a pet social media app that connects pet owners to share their pets’ lives from the pets’ perspective. The app also allows companies to connect with a dedicated pet audience for selling their products. Andrea Nerep founded Petzbe in 2017. The current crowdfunding round has a minimum raise of $9,995.16 and a maximum raise of $1,069,997.20, and the funds will target growth of the Android and Spanish language apps and the creation of branded content, including songs and movies. Petzbe has over 450,000 users and has been featured in several major outlets, including Good Morning America, The Wall Street Journal, and People Magazine.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,627,720

$-1,002,087

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$68,427

$141,536

Accounts Receivable

$0

$0

Total Assets

$75,852

$145,839

Short-Term Debt

$99,711

$47,446

Long-Term Debt

$1,949,153

$518,403

Total Liabilities

$2,048,864

$565,849

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