Wifigen on Wefunder

Enabling brick-and-mortar retailers to gain and retain customers through FREE WiFi

Raise to date: $47,821

Reporting Date: 11/17/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$250,000

Likelihood of Max Unlikely
Start Date

08/21/2019

Stop Date

12/09/2019

Days Remaining

20

Security Type

SAFE

Investment Minimum

$250

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

78

% of Minimum Raised

96%

% of Maximum Raised

19%

Dollars Per Day to Reach Max

$10,109

DPD* Committed

$543

DPD* Category

$0

DPD* All Companies

$1,357

Kingscrowd Momentum

$47,821

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Wifigen, offering free Wi-Fi to customers at retail outlets, is raising funds on WeFunder. The company has a valuation cap of $4 million and allows the retailers to gain and retain customers through free Wi-Fi. Customers login to the guest Wi-Fi network through any social networking account, and remain permanently signed in to the retailer’s guest Wi-Fi. Wifigen was founded by Bilal Athar in 2015 and has already raised $250,000 from angel investors. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for product development and R&D, customer acquisition, and marketing campaigns. Wifigen already has more than 3 million users who have connected 46 million times and works on an effective subscription-based business model.

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