Champions of Diversity

Champions of Diversity

Early Stage

Virtual Career Fair Tech

Virtual Career Fair Tech

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

WunderFund

Start Date

05/14/2020

Close Date

06/14/2020

Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment

$20

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$20.00

Pre-Money Valuation

$7,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

06/13/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Columbus, Ohio

Business Type

Growth

Champions of Diversity, with a pre-money valuation of $7 million, is raising funds on WunderFund. The company uses innovative recruitment methodology and social media to offer employment to diverse job seekers, irrespective of their location, race, religion, gender, and physical barriers. Champions of Diversity holds online virtual career fairs that have become more important than ever during the COVID-19 pandemic. The company was founded by Orville Lynch, Jr. in 2017. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $250,000, and the proceeds will be used for platform development and application marketing & promotion. Champions of Diversity is already profitable and generated over $500,000 in revenue in 2019. The company has recently partnered with National Career Fairs to manage all of their online career fairs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$424,211

$362,156

COGS

$315,870

$170,554

Tax

$0

$0

 

 

Net Income

$108,340

$191,602

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,016

$24,261

Accounts Receivable

$266,002

$245,001

Total Assets

$267,017

$330,194

Short-Term Debt

$73,944

$-1,348

Long-Term Debt

$0

$61,378

Total Liabilities

$73,944

$60,030

Financials as of: 05/14/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Champions of Diversity 06/13/2020 WunderFund $7,000,000 $0 Equity - Preferred Not Funded RegCF
Champions of Diversity 03/18/2020 WunderFund $40,000,000 $0 Equity - Preferred Not Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

Funding data not publicly available

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Champions of Diversity on WunderFund
Platform: WunderFund
Security Type: Equity - Preferred
Valuation: $7,000,000
Price per Share: $20.00

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