Melanoid Exchange
About this raise
Melanoid Exchange, with a pre-money valuation of $11.8 million, is raising funds on BuyTheBlock. It is a mobile app platform that connects entrepreneurs of color with the world through booking and e-commerce. Melanoid Exchange allows product and services vendors to come aboard its platform and sell their products. Melanoid Exchange was founded by Jovante Ham and Darsha Carter. The current round of crowdfunding of the company has a minimum goal of $15,000 and a maximum goal of $107,000, and the funds will be used towards advertising, development costs, and legal expenses. Melanoid Exchange offers a customizable storefront for vendors, with a host of marketing tools.
Investment Overview
Invested : $160,700
Deal Terms
Total Commitments
- Platform
- Buy The Block
- Start Date
- 02/28/2020
- Close Date
- 08/27/2020
$15,000
$107,000
$100
SAFE
Early Stage
RegCF
$11,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/27/2020 | Buy The Block | $11,000,000 | $160,700 | SAFE | Funded | RegCF |
