Raindrop Texting Solutions

Fund Freedom
Analytics
Raised to Date: $2,750
Aggregate Commitments $
TruCrowd
10/14/2020
03/31/2021
$10,000
$500,000
$250
Equity - Common
RegCF
$5,000,000
Weekly Commitments $
Active
01/24/2021
64
28%
1%
$27
2
Cedar Hills, Utah
Media, Entertainment & Publishing
MediaTech
B2B
High
Raindrop Texting Solutions, with a pre-money valuation of $5 million, is raising funds on TruCrowd. It is a mobile texting company serving the conservative market. Raindrop Texting Solutions provides text messaging, text polling, and text fundraising services as powerful texting tools to engage supporters, gain feedback, and generate funds. Deborah Dahl and Mike Brown founded Raindrop Texting Solutions in 2017. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $500,000, and the proceeds will be used for marketing, hiring, business development, and general operating capital. Raindrop Texting Solutions has multiple revenue streams and reported a 255% revenue growth over the last two years.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$38,620 |
$33,641 |
COGS |
$-19,644 |
$-22,616 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-4,867 |
$-7,495 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$1,607 |
$5,130 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,607 |
$5,130 |
Short-Term Debt |
$31,876 |
$30,532 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$31,876 |
$30,532 |
Other Deals

Manta Biofuel on Republic
The global oil and gas market was $3 trillion in 2019. The U.S…

Juked on Republic
Juked.gg has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

R3 Printing on StartEngine
The R3 Printing team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…