# 📬 Bonafyde Investor Update | BonaFyde Official Inc.

- Canonical URL: https://wefunder.com/feed/182702
- Entity ID: wefunder:feed_item:182702
- Published at: 2025-06-02 00:19:55 UTC
- Updated at: 2025-07-09 18:09:31 UTC

## Author
Nicholai Williamson

## Subject
BonaFyde Official Inc.

## Content
Date: June 1, 2025Hi everyone,We’re excited to share a quick update on Bonafyde’s fundraising progress and recent milestones as we gear up for our full launch this August!💸 Fundraising UpdateWe’ve officially raised $3,679 through WeFunder via a SAFE (Simple Agreement for Future Equity) with a $2.5M valuation cap.Number of investors: 10Average investment: $369Largest investment: $1,000Minimum investment: $100We’re incredibly grateful for your early support — every dollar is helping us move faster and reach more students.💡 Want to share Bonafyde with others? Here’s our link: 👉 https://wefunder.com/bonafydeofficialinc🚀 Progress & TractionBonafyde is gaining real momentum in schools:We’ve secured 2 Letters of Intent from:Odessa High SchoolYouthBuild Philly Charter SchoolMore partnerships are pending, and outreach is expanding rapidly.As we move toward our August launch, we’re projecting 1,000+ users, primarily high school students preparing for college.🛠️ Use of FundsThe first $50,000 raised will go directly into:Website improvements (bug fixes, feature enhancements, UI/UX updates)Student support features for better engagement and outcomesMarketing & awareness to attract more students and partner organizationsScaling operations from 2 schools to 100+ clients📈 Understanding ROI with a SAFEWe’re raising funds through a SAFE, which means:Investors don’t get traditional shares right now, but rather the right to future equity.Your ownership percentage will be based on your investment and the $2.5M valuation cap.Your ROI (Return on Investment) comes when Bonafyde raises a priced round or exits (through acquisition, IPO, etc.).In short: ✅ You’re securing a slice of Bonafyde early. 📊 As our valuation grows, so does the value of your equity. 💼 Your return is directly tied to how much of Bonafyde you own when we hit a major milestone.Thank you again for believing in Bonafyde. You’re not just investing in a company—you’re helping thousands of students confidently navigate their college journey.If you have any questions or want to connect, don’t hesitate to reach out.With gratitude,