Intentionalist
About this raise
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.
Investment Overview
Invested : $289,500
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/06/2022
- Close Date
- 09/30/2022
$250,000
$1,070,000
$100
SAFE
Pre-Seed
RegCF
$8,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +110% YoY
- $510,404
- Monthly Burn
- $7,134
-
Runway
- 24+ months
- Gross Margin
- 60%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $300,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/30/2022 | Wefunder | $8,000,000 | $289,500 | SAFE | Funded | RegCF |