CareerGenie

CareerGenie

Open  for investment

About this raise: CareerGenie, with a valuation of $7 million, is raising funds on Wefunder. The company has developed a platform for personalized career guidance anywhere and anytime. CareerGenie uses AI to make career navigation personal and easy, and it also connects job seekers with experts and recruiters. The platform has over 2,000 signups on its beta app and has already signed pilots with five higher education institutions with a net reach of more than 150,000 job seekers. Abhy Choumal founded CareerGenie in May 2023. 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 marketing, product development teams, and technology costs.

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Investment Overview

Committed this round: $37,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/05/2024
Close Date
04/04/2025
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$500

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$7,000,000

Discount

0%

Company & Team

Company

Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
Yes
Founder Name
Abhy Choumal
Title
CEO
Founder Name
Jose Ricardo Santos
Title
CTO
Founder Name
Stephan Leeds
Title
Head of Partnerships

Financials

as of June 1, 2024
 Revenue
$0
 Monthly Burn
$25,050
 Runway
6.4 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$95,754

$0

Accounts Receivable

$0

$0

Total Assets

$213,687

$0

Short-Term Debt

$687

$0

Long-Term Debt

$0

$0

Total Liabilities

$687

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$433,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/04/2025 Wefunder $7,000,000 $37,500 SAFE Active RegCF
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Add to portfolio
CareerGenie on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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Follow CareerGenie on Wefunder 2024

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