Force for Good Fund

Force for Good Fund

Closed: Nov. 2016

About this raise: Force for Good Fund is raising funds on Wefunder. It is the first fund that invests in “Best for the World” B-Corps. Force for Good Fund mainly invests in women and people of color-owned businesses and advances the values and importance of companies designed to create a beneficial impact. The fund has made its first investment of $100,000 into Spotlight:Girls and is conducting due diligence on ten other prospective investments. Jennifer Kassan founded Force for Good Fund in November 2008. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1 million. The campaign proceeds will be used to invest in Best for the World companies.

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Investment Overview

Invested this round: $401,401

Deal Terms

Platform
Wefunder
Start Date
09/08/2016
Close Date
11/07/2016
Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Revenue Share

Payment Schedule

Annually

SEC Filing Type

RegCF    Open SEC Filing

Rev. Share %

0.95%

Company & Team

Company

Year Founded
2008
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
Fremont, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

as of Fiscal Year 2015
 Revenue
$0
 Cash on Hand
$57,805

Summary Profit and Loss Statement

FY 2015 FY 2014

Revenue

$107,215

$359,752

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2015 FY 2014

Cash

$57,805

$121,864

Accounts Receivable

$0

$0

Total Assets

$61,130

$125,189

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/07/2016 Wefunder - $401,401 Revenue Share Funded RegCF
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Force for Good Fund on Wefunder 2016
Platform: Wefunder
Security Type: Revenue Share

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Warning: according to the close date for this deal, Force for Good Fund may no longer be accepting investments.

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