New Majority Capital

Early Stage

Creating the next generation of BIPOC/Women Business Owners

Analytics

Raised to Date: Raised: $117,100

Aggregate Commitments $

Platform

Wefunder

Start Date

05/23/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1,000.00

Pre-Money Valuation

$5,250,000

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

234%

% of Max. Goal

11%

Likelihood of Max
likely
Avg. Daily Raise

$3,548

Momentum
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Location

Providence, Rhode Island

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

New Majority Capital, with a valuation of $5.25 million, is raising funds on Wefunder. The company aims to leverage entrepreneurship through acquisition at scale while creating more underrepresented small business owners. New Majority Capital plans to benefit from the baby-boomer-driven Silver Tsunami and the Great Resignation and provide the knowledge and capital to enable the huge trend. New Majority Capital is led by an experienced team and already making traction with multiple potential deals, LOIs, and partnerships. Havell Rodrigues and Kris Schumacher founded New Majority Capital in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for payroll, advertising, legal expenses, due diligence costs, and other expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/23/2022
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New Majority Capital on Wefunder 2022
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Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $5,250,000

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