Data / Crowdfunding / Delaware / MotivateU, Inc
MotivateU, Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $250,000 (2021)
MotivateU, Inc, a corporation in Middletown, DE, filed a Form C with the SEC on September 27, 2021 to raise $50,000 to $250,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on December 30, 2021. In its most recent fiscal year it reported $0 in revenue and a net loss of $24,783, with 1 employees.
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- Website
- www.motivateu.net
- Funding portal
- Wefunder Portal LLC
- Address
- 651 N Broad St Suite 205 #3355, Middletown, DE 19709
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- August 17, 2020
- SEC CIK
- 0001885020
Offering terms
From the offering filed September 27, 2021.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $250,000
- Deadline
- December 30, 2021
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed September 27, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-24,783 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $5,217 | $0 | sec.gov |
| Cash | $5,217 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| September 27, 2021 | Offering | $50,000 | $250,000 | December 30, 2021 | sec.gov |
Updated September 27, 2021. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.