Growmotely

Early Stage

A global remote work marketplace, for full-time roles. The future of work.

Analytics

Raised to Date: Raised: $66,970

Aggregate Commitments $

Platform

Republic

Start Date

06/14/2022

Close Date

09/26/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

10/02/2022

Days Remaining
Funded
% of Min. Goal

268%

% of Max. Goal

6%

Likelihood of Max
Funded
Avg. Daily Raise

$644

# of Investors

131

Momentum
Funded
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Location

Wilmington, Delaware

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

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: 06/14/2022
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Growmotely on Republic 2022
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Platform: Republic
Security Type: SAFE
Valuation: $20,000,000

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