AwayZones
About this raise
AwayZones, with a post-money valuation of $0.85 million, is raising funds on NetCapital. The platform connects consumers and businesses through certain common cultural traits. Consumers can use the AwayZones travel application to find places that cater to the specific beliefs, customs, and values that the users are looking for. AwayZones was founded by LaToya Johnson and launched its public BETA version in July 2019. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $107,000, and the funds will be used towards product development, sales & marketing, and business operations. The founder of AwayZones has been featured in Essence magazine, and the company has established strategic partnerships with many local organizations in Indiana.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Netcapital
- Start Date
- 01/21/2020
- Close Date
- 03/17/2020
$10,000
$107,000
$99
Equity - Common
Early Stage
RegCF
$0.10
$850,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Travel and Hospitality
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Capital Intensity
- Location
- Indianapolis, Indiana
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/17/2020 | Netcapital | $850,000 | $0 | Equity - Common | Not Funded | RegCF |