New Majority Capital

New Majority Capital

Early Stage

Creating the next generation of BIPOC/Women Business Owners

Creating the next generation of BIPOC/Women Business Owners

Overview

Raised this Round: Raised: $584,756

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/22/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Pre-Money Valuation

$5,250,000

Year Founded

2022

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Providence, Rhode Island

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: 05/22/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
New Majority Capital on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $5,250,000
Price per Share: $1.00

Follow company

Follow New Majority Capital on Wefunder 2022

Buy New Majority Capital's Deal Report

Warning: according to the close date for this deal, New Majority Capital may no longer be accepting investments.

New Majority Capital Deal Report

Get KingsCrowd’s comprehensive report on New Majority Capital including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether New Majority Capital is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the New Majority Capital deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge