Bext360
SaaS solution for supply chain digitization, sustainability and capital access
Overview
Raised: $0
Total Commitments ($USD)
SeedInvest
07/20/2020
09/20/2020
$1,000
Convertible Note
Seed
RegCF
/ RegD 506(c)
$7,750,000
20%
2016
Business Services, Software, & Applications
AgriTech
B2B
Medium
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$335,140 |
$84,980 |
|
COGS |
$65,125 |
$24,000 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-463,415 |
$-2,004,930 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$17,232 |
$476,405 |
|
Accounts Receivable |
$55,250 |
$0 |
|
Total Assets |
$72,482 |
$476,405 |
|
Short-Term Debt |
$39,206 |
$124,714 |
|
Long-Term Debt |
$125,000 |
$0 |
|
Total Liabilities |
$164,206 |
$124,714 |
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Bext360 | 09/20/2020 | SeedInvest | $7,750,000 | $0 | Convertible Note | Not Funded | RegCF / RegD 506(c) |
No prior online funding rounds.
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Founder Profile
Bext360 Founder Dan Jones on Sustainable Supply Chains
Ethical sourcing is a growing concern in supply chain management. More and more consumers want to know that the products they buy were made with materials that are obtained in a sustainable way. Over 85% of American consumers are willing to boycott businesses that use irresponsible methods in their supply chains. But how can businesses be sure they are being sustainable from start to finish? And how do they share that information with their customers?Bext360 is providing a digital solution that provides supply chain transparency. Founder Dan Jones talked to us about how working in Congo showed him the importance of supply chains and digitization.