PoliticalBank

PoliticalBank

Early Stage

Where candidates can fundraise, rally support, & communicate their stance.

Where candidates can fundraise, rally support, & communicate their stance.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Microventures

Start Date

05/15/2019

Close Date

07/22/2019

Min. Goal
$25,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

0%

Year Founded

2015

Industry

Government Services

Tech Sector

Location

Carmel, Indiana

PoliticalBank, with a valuation cap of $4 million, is raising funds on MicroVentures. The platform of PoliticalBank allows political candidates to engage with their constituents and automates their campaign process. PoliticalBank can be used by the candidates to fundraise, rally support, and communicate their opinion. The users can subscribe and receive updates on campaigns or volunteer for them. PoliticalBank was founded by Adam H. Berry, Frank Short, and Jeff Mitchell and has raised about $900,000 in previous rounds of funding. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000 and the proceeds will be used to market the website and products, to support the development of technology, and to repay debt. PoliticalBank has managed to generate about $212,000 in revenues in 2018 and has provided services to 190 candidates.
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PoliticalBank on Microventures
Platform: Microventures
Security Type: Convertible Note
Valuation: $4,000,000

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

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