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Kazoo

Kazoo

Early Stage

The premier SOS app to live stream video, alert loved ones, connect with 911 and more – with one tap

The premier SOS app to live stream video, alert loved ones, connect with 911 and more – with one tap

Overview

Raised to Date: Raised: $224,591

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/09/2020

Close Date

05/31/2021

Min. Goal
$50,000
Max. Goal
$375,000
Min. Investment

$150

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,750,100

Valuation Cap

$3,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/05/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,306

# of Investors

401

Momentum
Funded
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Year Founded

2019

Industry

Consumer Products, Goods & Services

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Washington, District of Columbia

Business Type

Growth

Kazoo, with a $3 million valuation cap, is raising funds on WeFunder. The company has designed the world’s first SOS mobile app that helps to call 911, alert loved ones, live stream video, and pinpoint location with just one tap. Kazoo is using emergency services technology to take emergency services to a whole new level. Peter J Goodman founded Kazoo in April 2019 and has raised over $630,000 since its inception. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $375,000, will be used towards product development, marketing, new hires, and operations. Kazoo is led by an experienced management team and an award-winning UI team and has already secured marketing partnerships with leading organizations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$2,643

$0

Tax

$0

$0

 

 

Net Income

$-130,226

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,306

$0

Accounts Receivable

$0

$0

Total Assets

$328,219

$0

Short-Term Debt

$106,410

$0

Long-Term Debt

$335,940

$0

Total Liabilities

$442,350

$0

Financials as of: 12/09/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Kazoo 04/27/2023 Netcapital $6,990,326 $37,783 Equity - Common Funded RegCF
Kazoo 05/30/2021 Wefunder $3,000,000 $224,591 Convertible Note Funded RegCF
Kazoo 06/11/2020 Wefunder $2,750,000 $162,829 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Kazoo on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,000,000

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