BlackLight
About this raise: BlackLight, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a search engine specifically for Black-owned businesses. BlackLight makes it easy to access products and services offered by Black-owned businesses and is uniquely positioned to fulfill underserved customer needs in multiple markets. The platform has a database of 120,000 Black businesses and works on a scalable business model with multiple revenue streams. Jason Norris and Alton Gunn founded BlackLight in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for advertising and marketing, professional services, website development and hosting, software and cloud services, and fixed assets.
Investment Overview
Not Funded: $9,500
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/15/2024
- Close Date
- 10/31/2024
$50,000
$124,000
$100
SAFE
Pre-Seed
RegCF
$9,000,000
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2024 | Wefunder | $10,000,000 | $9,500 | SAFE | Not Funded | RegCF |