Growmotely
Early Stage
A global remote work marketplace, for full-time roles. The future of work.
Overview
Raised: $66,970
Total Commitments ($USD)
Platform
Republic
Start Date
06/13/2022
Close Date
09/26/2022
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$150
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$20,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$644
# of Investors
131
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Growmotely, with a valuation of $20 million, is raising funds on Republic. It is a global remote work marketplace for full-time job roles. The tech-driven staffing company matches conscious companies with aligned talent and supports their ongoing growth and development. The platform allows companies to choose their own benefits, like health insurance, education, and coaching, helps in creating diverse and inclusive teams and provides algorithm-based culture matching. Sarah Hawley, Chris Tirpak, Cass Biyang, and Theodora Gatin founded Growmotely in August 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development, partnerships, and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$332,138 |
$0 |
|
COGS |
$295,892 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-361,020 |
$-74,946 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$260,047 |
$147,631 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,074,279 |
$186,450 |
|
Short-Term Debt |
$227,710 |
$3,928 |
|
Long-Term Debt |
$17,021 |
$37,358 |
|
Total Liabilities |
$244,731 |
$41,286 |
Financials as of: 06/13/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.