Needworking, Inc.
Early Stage
Efficient networking platform
Overview
Raised: $15,389
Total Commitments ($USD)
Platform
Netcapital
Start Date
09/06/2023
Close Date
04/27/2024
Min. Goal
$10,001
Max. Goal
$1,235,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.75
Pre-Money Valuation
$7,500,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/25/2024
Days Remaining
1
% of Min. Goal
154%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$66
Momentum
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Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$15,617 |
$8,975 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-15,617 |
$-8,975 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,935 |
$10,995 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$196,935 |
$130,995 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/06/2023
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