Bizfluence (2021)

About this raise

Bizfluence, with a pre-money valuation of $8.63 million, is raising funds on Wefunder. The global marketing platform helps small and medium businesses to do more business. The platform allows companies network, share, and do business together to recruit, engage, and meet. Jacob Davis founded Bizfluence in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,000,000, will be used towards salaries, marketing, and R&D. Bizfluence currently has 6,000 users and 20,000 posts in its beta version. The platform provides tools to small and medium business professionals to do their business seamlessly.

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Investment Overview

Invested this round: $465,956

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
03/26/2021
Close Date
08/20/2021
Min. Goal
$50,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Preferred

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$8,634,000

Company & Team

Company

Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Jacob Davis
Title
CEO
Founder Name
Joel Wohl
Title
CMO

Financials

 Revenue
$0
 Monthly Burn
$8,011
 Runway
11.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-96,131

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$90,804

$0

Accounts Receivable

$0

$0

Total Assets

$90,804

$0

Short-Term Debt

$19,855

$0

Long-Term Debt

$0

$0

Total Liabilities

$19,855

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/08/2022 StartEngine $13,847,963 $57,770 Equity - Common Funded RegCF
04/30/2022 StartEngine $13,703,036 $83,854 Equity - Preferred Funded RegCF
08/20/2021 Wefunder $8,634,000 $465,956 Equity - Preferred Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Bizfluence on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $8,634,000
Price per Share: $1.00

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