Real Work

Real Work

Closed: Nov. 2023

About this raise

Real Work, with a valuation of $8 million, is raising funds on Wefunder. The company has developed the next-generation skilled worker platform for hiring. Real Work has been built to support people and provide guidance, accountability, and education. The platform is flexibly focused on the needed skills and licenses and connects employers and workers with efficient matchmaking. Tracy Teutsch founded Real Work in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for ongoing development and marketing.

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Investment Overview

Invested this round: $56,138

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/18/2023
Close Date
11/18/2023
Min. Goal
$50,000
Max Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Kirkland, Washington
Business Type
High Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Tracy Sherman Teutsch
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$10,835
 Runway
1 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$450

$0

 

 

Net Income

$-130,024

$-3,759

Summary Balance Sheet

FY 2022 FY 2021

Cash

$10,402

$9,365

Accounts Receivable

$0

$0

Total Assets

$42,222

$29,002

Short-Term Debt

$79,243

$0

Long-Term Debt

$36,680

$32,680

Total Liabilities

$115,923

$32,680

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$60,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/18/2023 Wefunder $8,000,000 $56,138 SAFE Funded RegCF
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Add to portfolio
Real Work on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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Follow Real Work on Wefunder 2023

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

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