Blaamazon

Blaamazon

Early Stage

BlaamFam-built for black creators & business owners!

BlaamFam-built for black creators & business owners!

Overview

Raised this Round: Raised: $63,801

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/20/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

0%

Year Founded

2021

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Duluth, Georgia

Business Type

Growth

Blaamazon, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a marketplace that brings visibility to black-owned brands and businesses. The aim of Blaamazon is to advance African Americans towards economic stability and connect buyers and sellers within the black community. Blaamazon has won AT&T Future Maker Award and has over 6,000 users on beta. Naikie Reeves founded Blaamazon in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, community outreach, app maintenance, and adding new app features.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$71,809

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-27,290

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$-24,702

$0

Accounts Receivable

$0

$0

Total Assets

$-13,461

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 06/20/2022
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Blaamazon on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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