PreGifting
Early Stage
Wedding Crowdfunding
Overview
Platform
GrowthFountain
Start Date
10/11/2017
Close Date
02/09/2018
Min. Goal
$10,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$2,100,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/13/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$0
Momentum
Funded
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Year Founded
2012
Industry
Consumer Products, Goods & Services
Tech Sector
Fintech
Location
Westfield, New Jersey
PreGifting, with a valuation of $2.1 million, is raising funds on GrowthFountain. It is a wedding gift concept that plans to disrupt the wedding industry. PreGifting allows guests to give a monetary gift to the couple before the wedding to help contribute to paying for the bride and groom’s big day. It works as a crowdfunding platform for weddings and enables the bride and groom to enjoy their wedding without financial stress. Joe Mindak founded PreGifting in April 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $100,000. The campaign proceeds will be used for salaries, product development, marketing, operations, and events.
Summary Profit and Loss Statement
| FY 2016 | FY 2015 | |
|---|---|---|
|
Revenue |
$6,033 |
$50,002 |
|
COGS |
$4,318 |
$510 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2016 | FY 2015 | |
|---|---|---|
|
Cash |
$-617 |
$47,736 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$-617 |
$47,736 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/11/2017
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