Halfmore
Palo Alto, US · Founded 2023 · Delaware corporation · 8 employees on LinkedIn · 2 known investors
Halfmore is a subscription app that helps parents turn their children's household chores into IRS-compliant earned income by handling payroll, documentation, recordkeeping, and tax filings. It then coordinates contributions to a custodial Roth IRA at the family's chosen brokerage, without managing or custodying the investments.
Founders & leadership
Halfmore was founded in 2023 by Jaebum Lee.
JL
Jaebum LeeFounder
KD
Kunal DoshiNamed on SEC filing
JH
Joo Hyun LeeNamed on SEC filing
Investors · 2
Reported raises · per SEC filings
Form D private placements$1.1M disclosed across 1 round · 2024
▶$1.1MraisedMar 2024 · 2 investors · Other TechnologyRule 506(b)
▶$1.1MraisedMar 2024 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kunal DoshiDirector
- Joo Hyun LeeExecutive Officer, Director
- Offering amount
- $1.1M
- Amount sold
- $1.1M
- First sale
- Mar 2024
- Incorporated
- Corporation, Delaware, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Halfmore do?
- Halfmore is a subscription app that helps parents turn their children's household chores into IRS-compliant earned income by handling payroll, documentation, recordkeeping, and tax filings. It then coordinates contributions to a custodial Roth IRA at the family's chosen brokerage, without managing or custodying the investments.
- Who founded Halfmore?
- Halfmore was founded by Jaebum Lee in 2023.
- Who are Halfmore's investors?
- Halfmore's investors include Draper Associates, Krew Capital Venture.
- How much funding has Halfmore raised?
- Halfmore has disclosed $1.1M raised across 1 round.
- Where is Halfmore headquartered?
- Halfmore is headquartered in Palo Alto, US.