Hello Wefunder Investors,

Today concludes the first month of Oodles Corporation fundraising drive via Wefunder, so I wanted to provide you with an update on all things Oodles.

First and foremost, planning continues at a furious pace for expansion of the Oodles - Deals & Events app to our second University.  Just in the past week we locked on the actual University we will be launching at, and initiated the process of contacting food, drink & entertainment vendors in the vicinity of the school, to include their amazing deals on the app.  

We’ll announce the actual University as part of a broader based student awareness campaign once we get closer to the start of the school year.  For now, suffice it to say that Californian students are just as hungry for cheap food, drink and entertainment deals, just as their colleagues were at the University of Oregon — the first University where Oodles - Deals & Events launched!

On the product side of things, we are on-track to bring out the Android version of our app in the Fall quarter.  And, we have a few more cool ideas we’re thinking through to enhance the functionality of the app, to make it one of the best user experiences our student users get out of any app they have downloaded on their smartphones.

Fundraising is also progressing strongly.  Thanks in large part to the totally-awesome help we’ve received from the Wefunder head-office team, and what we (of-course) believe is the unique and compelling value-proposition of Oodles — a value proposition we’ve filed a patent on — in the first month of our campaign, we’ve raised ~ 80% of the total amount we’re seeking in our campaign.  $86k of $107k total.

Investors include researchers from Universities on the East Coast, doctors from the Mid-West, CEO’s of international & US based well known companies, and even a retired Air Force officer.  Wow!  

We are humbled and honored for this group of people to believe in Oodles, and their belief in us has further strengthened our resolve to work as hard as humanly possible this upcoming year to make Oodles successful with students.

Of course, this means we have ~$21k left to raise, so our work is not done yet!

If you’d like to join the Oodles investor community on Wefunder, please go to https://wefunder.com/oodles to find all the materials necessary to understand our business, long-term vision and short-term goals.  To make things easy on you, we’ve embedded a link to a short investor deck — in PDF format — within the materials, that should give you a comprehensive view of what we’re trying to achieve as a company.

 And, any questions are always encouraged.  Please put them on our site for everyone to see and gain from, and we’ll aim to answer them as quickly as we can.

Let’s have Oodles & Oodles of fun this upcoming school year!

Sajal Sahay

Co-founder & CEO