DiaspoCare

DiaspoCare

[Closed for Investment] DiaspoCare is raising funds on PicMii. The company has developed a platform for financial transactions that allows African people to manage the health and wellbeing of their families back home. The platform brings service providers and consumers into a cost-efficient marketplace, offers transparency and affordability, and collects commissions and fees either from the service provider or the consumer. Serge Alain Wandji founded DiaspoCare in November 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for technology development, business development, and expansion.

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Investment Overview

Raised this Round: Raised: $187,500

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
08/22/2022
Close Date
03/31/2024
Min. Goal
$10,000
Max. Goal
$1,234,000
Min. Investment

$1,000

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Saint Paul, Minnesota
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Michael Essien
Title
General Counsel
Founder Name
Serge Wandji
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$24,750
 Monthly Burn
$15,039
 Runway
0 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-180,471

$-332,001

Summary Balance Sheet

FY 2022 FY 2021

Cash

$424

$36,951

Accounts Receivable

$0

$0

Total Assets

$165,174

$158,229

Short-Term Debt

$38,008

$11,085

Long-Term Debt

$323,750

$308,750

Total Liabilities

$361,758

$319,835

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2024 PicMii - $187,500 SAFE Funded RegCF
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DiaspoCare on PicMii 2022
Platform: PicMii
Security Type: SAFE

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