New Majority Capital
About this raise
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.
Investment Overview
Invested $584,756 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- 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
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/30/2023 | Wefunder | $5,250,000 | $584,756 | Equity - Preferred | Funded | RegCF |