Intentionalist

Intentionalist

Early Stage

Easily find diverse, small businesses near you

Easily find diverse, small businesses near you

Overview

Raised to Date: Raised: $289,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/05/2022

Close Date

09/30/2022

Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

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

$1,969

# of Investors

180

Momentum
Funded
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Year Founded

2017

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Seattle, Washington

Business Type

High Growth

Intentionalist, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to connect consumers with small and diverse businesses. The directory of businesses on Intentionalist includes all communities, including Asian-owned, Black-owned, Latino-owned, veteran-owned, LGBTQ-owned, and woman-owned. The platform directs the spending of consumers toward a more inclusive economy. Intentionalist generated $600,000 in revenue in 2021, with a year-over-year increase of 166%. Laura Clise founded Intentionalist in December 2017. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The campaign proceeds will be used for engineering and product development, business development, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$510,404

$242,980

COGS

$205,612

$50,683

Tax

$0

$0

 

 

Net Income

$-85,603

$-99,969

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$178,367

$113,307

Accounts Receivable

$44,224

$8,967

Total Assets

$303,524

$262,119

Short-Term Debt

$160,219

$63,211

Long-Term Debt

$0

$0

Total Liabilities

$160,219

$63,211

Financials as of: 05/05/2022
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Intentionalist on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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