Withfriends (YC W19)

Making subscriptions easy for every business

https://wefunder.com/withfriends

Total raised on Wefunder: 106807

Total investors: 116

Quick facts

  • 🤑 6% of business' customers become subscribers; boosting revenue by 60%
  • 💪 Our model reduces subscription churn by 50% compared to industry average
  • 🛍 3,400 members subscribed to 21 businesses
  • 📊 $595k in annual GMV; $42k ARR
  • 🗽 Founders have 10+ years experience as entrepreneurs in New York City

Team profiles

Featured investor profiles

Withfriends (YC W19)

Making subscriptions easy for every business

EARLY BIRD TERMS: $82,400 LEFT

$17,600

of a $50,000 goal
INVESTMENT TERMS
Future Equity
 $15M  $14M valuation cap
Early Bird Bonus: The first $100K of investments will be in a SAFE with a $14M valuation cap
$500, $1K, $5K
Pitch Video
Investor Panel

Investor Panel

Jacob interviewed Withfriends (YC W19) on May 20, 2021. Play Video
Jacob Brutman
Jacob Brutman
Angel Investor, Ph.D. Chemist and Computer Enthusiast
Strengths
says, "Interesting concept that fulfills a serious need within the Shopify ecosystem. Team is confident and appears to know what they are doing."
Advice
says, "Your biggest risk is that if Shopify decides to implement their own subscribe option that would be an immensely challenging situation for Withfriends. If you are able to claim IP on the material, I recommend it at a protective measure."

What Investors Say

LEAD INVESTOR
Invested $1,000 this round + $25,000 previously
I'm investing (more) in withfriends because I believe in community, I value small businesses, and I'm excited to see withfriends help small businesses build their own communities (and to see everyone make money doing it). Small businesses of all kinds need recurring revenue to succeed, especially in the current environment. withfriends is well-positioned to lead the market in providing easy-to-use tools for small businesses to turn what would have been one-time customers into subscribers and members--a community that helps small businesses thrive culturally and financially. And withfriends itself is structured to take a reasonable cut of the resulting recurring revenue. It really is doing well by doing good. I've been in the loop with the company from early in their journey, and I'm more confident than ever that the founders can execute on their vision.

What Friends Say

What People Say