Reachout Technology

Early Stage

PREDICTABLE. RELIABLE. STRATEGIC.

Analytics

Platform

Self Managed

Start Date

10/14/2021

Close Date

04/13/2022

Max. Goal

$6,000,000

Min. Investment

$1

Security Type

Equity - Common

Funding Type

RegA+

Series

Pre-Seed

Pre-Money Valuation

$13,016,669

Location

Mokena, Illinois

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Reachout Technology is raising funds independently through Reg A+ crowdfunding. The company provides cybersecurity and IT management solutions for businesses. It aims to protect the data and assets of businesses by monitoring external threats, vulnerabilities, and other hostile indicators. The offerings of Reachout Technology include managed IT services, cybersecurity services, unified communications, cloud solutions, and IT consulting. Richard D. Jordan founded Reachout Technology in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $6,000,000. The campaign proceeds will be used for acquisitions, hiring, and working capital.

Balance Sheet

Cash and Cash Equivalents

$408,910

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$181,884

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$1,020,504

Accounts Payable & Accrued Liabilities

$9,000

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$0

Total Liabilities

$131,225

Total Stockholders' Equity

$464,279

Total Liabilities and Equity

$1,020,504

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-87,839

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: Morison Cogen LLP
Financials as of: 10/14/2021
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Reachout Technology on Self Managed 2021
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Platform: Self Managed
Security Type: Equity - Common
Valuation: $13,016,669

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