Lakrisha Davis and Company

Lakrisha Davis and Company

Closed: Oct. 2021

About this raise

Lakrisha Davis and Company is raising funds on SMBX. The business helps people as a career development coach and assists job seekers and hiring organizations through its product, The Swift Hire. The Swift Hire works as a video-enabled job searching platform that connects top companies and top talent. Lakrisha Davis and Company has already helped more than 2,300 job seekers find their dream jobs. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $125,000. The campaign proceeds will be used for new product development, brand development, innovation, and marketing.

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Investment Overview

Not Funded: $5,470

Deal Terms

Total Commitments

Platform
SMBX
Start Date
08/13/2021
Close Date
10/06/2021
Min. Goal
$25,000
Max Goal
$125,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Chicago, Illinois
Business Type
Life Style
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Lakrisha Davis
Title
CEO

Financials

 Revenue +52% YoY
$153,589
 Monthly Burn
Profitable
 Cash on Hand
$20,809
Gross Margin
100%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$153,589

$100,974

COGS

$278

$0

Tax

$1,973

$0

 

 

Net Income

$15,856

$73,379

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,809

$201,058

Accounts Receivable

$1,477

$2,500

Total Assets

$22,286

$203,558

Short-Term Debt

$9,876

$9,448

Long-Term Debt

$40,400

$0

Total Liabilities

$50,276

$9,448

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/06/2021 SMBX - $5,470 Debt Not Funded RegCF
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Lakrisha Davis and Company on SMBX 2021
Platform: SMBX
Security Type: Debt

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