Consumer Mobile App, U-Challenge, Crowdfunds $32,000 on Seedrs

December 2, 2012

From TheCrowdCafe

u-challenge crowdfunding on seedrs

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Crowdfunded Overview

Crowdfunding Platform Seedrs.com

Company U-Challenge (U-Challenge.com)

Industry/Vertical Mobile Applications/Consumer Social

Elevator Pitch Challenge anyone: your friends, family or the whole world! Anywhere, anytime, for fun or reward – are U on board?

Company Description U-challenge would provide a platform, through an Android or IPhone app, on which anyone could challenge other users to perform a certain task, learning a new skill for example or doing less or more of something, like giving up smoking or going jogging. Users could send a private challenge to one or more selected individuals for fun or reward, there would also be an option to add a countdown timer. Or they could make their challenge public and would have the option to use keywords or location so they could tag their challenge enabling it to be easily found. As well as creating Private or Public challenges and browsing challenges that are popular, U-challengers could view profiles of other U-challengers and follow them so that when they upload a new challenge they would be notified.

Crowdfunding Statistics

Date Funded December 2012

Amount Raised (USD/Local) $32,000/£20,000

Equity Offered 10.0%

Post-Money Valuation (USD) $320,000

Number of Investors/Average Investment Amount 36 investors/$888 Average Investment Per Investor

Campaign Duration N/A

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