Hello Wefunder Investors,

We’ve now concluded the third month since Oodles Corporation began our initial financing round with Wefunder, so, as in previous months, I wanted to provide you with an update on the many things happening with our Oodles - Deals & Events mobile app, and overall at the company.

Oodles - Deals & Events App Launched At CSU - Chico

In late August, the Oodles - Deals & Events app launched at CSU - Chico.  Multiple vendors, including a well-known pizzeria, a Mexican food truck with a loyal following, and a BBQ locale on one of the main city streets…among many other vendor/partners…joined Oodles in providing students at CSU - Chico with money saving deals.  It’s been only a couple of weeks since the launch, but with the help of our Student Ambassador team, as well as the school newspaper highlighting the value-add of Oodles - Deals & Events, hundreds of students have downloaded the app, and are already sharing & redeeming the great deals available.  

Every day, more students download & use the app.  One of the vendor partners said it best — “Because of the Oodles - Deals & Events app, we’re seeing a lot of new faces in our restaurant, not just the same crowd we’ve seen in the past”.

With school starting at the University of Oregon in just a few weeks, the next step for the company is to return to this great school, and continue driving the growth of student users at the Eugene, Oregon campus.

BTW, planning for the third school where Oodles - Deals & Events will launch has also started.

Android Version Released

On parallel to the launch of Oodles - Deals & Events at CSU - Chico, the app became available on both iOS and on Android.  It gets better — thanks to the hard work of our technology team, a new design for the deals on the app was released at the same time.  Many students have commented on this new look, which gives the app a more innovative and attractive persona.  The Facebook integration that I mentioned in my previous month’s update, is also letting our student users share the value-add of the app with their many friends on Facebook, with just a click of a button.

The technology team, never satisfied with each new feature they bring to the app, is already thinking of new ways to further integrate our app with other social and non-social vehicles, making it easier for students using Oodles - Deals & Events to share with their friends, and thus earn the badges necessary to get the best deals via the app.  

As you know, this process is a patent protected one, and is what makes Oodles - Deals & Events truly unique and added-value for consumers.

If you have downloaded our app, keep a look out for these new features in the upcoming weeks.

Wefunder Campaign Funded Successfully

The fundraising team at Wefunder supporting Oodles has also been busy, and the campaign was officially termed “funded successfully” in late August.  According to Wefunder, final paperwork to complete the fundraising round is just days away.

Both Asheesh (my co-founder) and I can only give the entire Wefunder team our full & sincere thanks for the incredible effort they’ve put into Oodles, to corral the investor group and ensure that the funds raised are transferred to the company so that we can appropriately fund the growth of the business.

If you’d like to learn more about the Oodles - Deals & Events app, please go to www.wefunder.com/oodles to find all the materials necessary to understand our business.  

We’ve embedded a link to a short investor deck — in PDF format — within the materials, that should give you a wholistic view of what we’re aiming to achieve as a company.

This next statement is the same one I’ve made in the past, and will always remain true — while our journey has just started, Asheesh, the rest of the Oodles team and I, owe our genuine thanks to all of you who have helped us get to this point.

Sajal Sahay

Co-founder & CEO