Pickzen

The no-code guided selling platform

Analytics

Raised to Date: $9,365

Aggregate Commitments $
Platform

Republic

Start Date

06/02/2021

Close Date

04/30/2022

Min. Goal

$25,000

Max. Goal

$750,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,333,333

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

321

% of Min. Goal

37%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$851

# of Investors

35

Momentum
cold
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Location

Fall River, Massachusetts

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

Pickzen, with a valuation cap of $8.33 million, is raising funds on Republic. The company has developed a no-code platform to make the life of developers easier. The platform can create any type of experience in a short duration and empowers developers. Brendan Medeiros founded Pickzen in October 2019. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $750,000, will be used to support platform expansion and product development. Pickzen has been incubated by Google for Startups and backed by the former CEO of BBVA. The platform has millions of engaged users and has featured D2C clients, including Hungry Bark, Nuun, and Jane Iredale.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$130,116

$13,084

COGS

$72,430

$11,037

Tax

$14,852

$578

 

 

Net Income

$35,155

$1,369

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$52,868

$2,447

Accounts Receivable

$0

$0

Total Assets

$52,868

$2,447

Short-Term Debt

$15,764

$578

Long-Term Debt

$0

$0

Total Liabilities

$15,764

$578

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