Roomongo
Early Stage
One Site | One Search | One Link... Hotels, rentals, rooms, and more!
Overview
Raised: $89,620
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/14/2021
Close Date
04/30/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.50
Early Bird Valuation
$4,000,000
Pre-Money Valuation
$5,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,211
# of Investors
89
Momentum
Funded
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Year Founded
2017
Industry
Travel and Hospitality
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Roomongo, with a pre-money valuation of $5 million, is raising crowdfunding on Wefunder. The company has developed one site for searching and booking hotels, rentals, rooms, and more. It is relaunching its site hotels with below-market rates for members only. Patrick O’Hara and Rob O’Connor founded Roomongo in 2017. The proceeds of the current crowdfunding raise, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing and social media, development, design, and API, admin, support, and customer service. Roomongo plans to become a single streamlined trip planning hub that will help people create their trips, add their favorites, invite friends, and collaborate.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$739 |
$3,688 |
|
COGS |
$800 |
$3,114 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-61,638 |
$-38,266 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$8,467 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/14/2021
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