PromSocial on Wefunder

Mobile app that makes the entire prom experience fun & stress-free

Raise to date: $59,650

Reporting Date: 04/30/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$100,000

Likelihood of Max Unlikely
Start Date

09/13/2019

Stop Date

04/17/2020

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

88

% of Minimum Raised

119%

% of Maximum Raised

60%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$275

DPD* Category

$0

DPD* All Companies

$921

Kingscrowd Momentum

$59,650

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

PromSocial, the mobile app designed to make the prom planning process fun and stress-free, is raising funds on WeFunder. The PromSocial app uses technological solutions to bring all aspects of prom experience to the teen population in an integrated manner. The app includes powerful planning, social media, e-commerce, dating, and even logistics. PromSocial was founded by Ed Abdel-Malak, Michael Hudak, and Ravi Koltur in 2013 and was one of the finalists in Shark Tank Season 11. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $100,000, and the proceeds will be used for development, and sales & marketing. PromSocial launched its open beta in January 2019 and already has more than 3,000 users. The company also has a verbal commitment from a large high school to use the app for their Prom 2020.

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