Withfriend is a startup raising funds on Wefunder that developed a Shopify integration that automatically generates subscription tiers from a business' customer data and upsells customers into subscribers.
According to Withfriend's Wefunder campaign, the company has $27 ARR and $444k in annual GMV, generating 3000 subscribers to 21 businesses. According to the team, 6% of business' customers become subscribers, boosting revenue by 60%.
The company's target market starts with e-commerce businesses, which are growing the fastest and are the easiest to acquire. Over time, they plan to expand to brick and mortar.
- Security: SAFE
- Valuation Cap: $14,000,000 (Early Bird Terms)
- Min. Investment: $100
(Data as of June 2021.)
Did I Invest In Withfriends?
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