Needworking, Inc.

Needworking, Inc.

Early Stage

Efficient networking platform

Efficient networking platform

Overview

Raised this Round: Raised: $21,136

Total Commitments ($USD)

Platform

Netcapital

Start Date

09/06/2023

Close Date

08/28/2024

Min. Goal
$10,001
Max. Goal
$1,235,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.75

Pre-Money Valuation

$7,500,000

Year Founded

2021

Industry

Media, Entertainment & Publishing

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Baltimore, Maryland

Business Type

Growth

Needworking, with a valuation of $7,500,000, is raising funds on Netcapital. The company is an online networking platform for people to connect personally and professionally. The company allows for people to find, promote, and organize networking events in local areas. David Carberry founded Needworking in 2021. The current crowdfunding campaign has a minimum target of $10,000.50 and a maximum target of $1,234,999.50. The campaign proceeds will be used to/for Compensation for managers, Sales and Marketing, Research and Development, General & Administrative, Intermediary fees.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$779

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-64,562

$-15,617

Summary Balance Sheet

FY 2023 FY 2022

Cash

$13,448

$1,935

Accounts Receivable

$0

$0

Total Assets

$248,989

$196,935

Short-Term Debt

$3,560

$0

Long-Term Debt

$0

$0

Total Liabilities

$3,560

$0

Financials as of: 09/06/2023
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Needworking on Netcapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $7,500,000
Price per Share: $0.75

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