NineOneSix Systems

NineOneSix Systems


About this raise: NineOneSix Systems, with a valuation of $24 million, is raising funds on Wefunder. The company provides sustainable solutions to strengthen small businesses. NineOneSix Systems offers a scalable platform to offer critical resources, strategic capital, and integrated service contracts that help small businesses focus on their core competencies. The solutions of NineOneSix Systems encompass strategic finance, accounting, technology solutions, and marketing. Stephen Hollifield founded NineOneSix Systems in January 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2.4 million. The campaign proceeds will be used for systems design and development, strategic investments, marketing, and general corporate purposes.

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Investment Overview

Not Funded: $4,900

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/06/2024
Close Date
12/01/2024
Min. Goal
$50,000
Max. Goal
$2,400,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$21,600,000

Valuation Cap

$24,000,000

Discount

0%

Company & Team

Company

Year Founded
2024
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Glen Allen, Virginia
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Stephen Hollifield
Title
CEO

Financials

as of Fiscal Year 2024
 Revenue
$3,087,592
 Monthly Burn
Profitable
 Cash on Hand
$5,018

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2024 FY 2023

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

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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
12/01/2024 Wefunder $24,000,000 $4,900 SAFE Not Funded RegCF
05/02/2024 Silicon Prairie Online $24,000,000 $0 SAFE Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
NineOneSix Systems on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $24,000,000

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Follow NineOneSix Systems on Wefunder 2024

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Warning: according to the close date for this deal, NineOneSix Systems may no longer be accepting investments.

NineOneSix Systems Deal Report

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