Linkio
About this raise
Linkio, with a valuation cap of $3 million, is raising funds on WeFunder. The platform serves as the link between those who need a service and those who can provide the service. It is bridging the gap between service providers and budget-conscious people in need of help. Through the Linkio platform, freelancers get work, and people don’t have to overpay for services. Linkio was founded by Landy Abreus and has raised over $500,000 since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $400,000, and the proceeds will be used towards marketing, research and development, business operations, and marketing through social media. Linkio has a proven business model with 13,000 new devices registered and $13,000 of sales in the beta launch.
Investment Overview
Invested : $53,113
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/09/2020
- Close Date
- 12/02/2020
$50,000
$400,000
$100
SAFE
Early Stage
RegCF
$3,000,000
0%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $9,493
- Monthly Burn
- $21,503
-
Runway
- 0.4 months
- Gross Margin
- 20%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/02/2020 | Wefunder | $3,000,000 | $53,113 | SAFE | Funded | RegCF |