RemotelyMe

RemotelyMe

Early Stage

We transform work into wonderful in less than 10 minutes

We transform work into wonderful in less than 10 minutes

Overview

Raised to Date: Raised: $26,408

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/27/2024

Close Date

05/02/2024

Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,410,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

17

% of Min. Goal

264%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$550

Momentum
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Year Founded

2018

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Chula Vista, California

Business Type

High Growth

RemotelyMe, with a valuation of $4.4 million, is raising funds on NetCapital. The company has developed visual neuroscience and cognitive AI SaaS platforms to transform workers into winners. RemotelyMe combines work tech with biotech for users to know effectively who they are hiring and whether they can be trusted. The business has several strategic partnerships and has received the Pepperdine Most Fundable Company Silver Award. W. Craig Reed and Anthony Stewart founded RemotelyMe in October 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for sales and marketing, operations, research and development, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$302,684

$110,133

COGS

$114,516

$8,033

Tax

$0

$0

 

 

Net Income

$4,850

$-16,009

Summary Balance Sheet

FY 2023 FY 2022

Cash

$20,257

$14,648

Accounts Receivable

$38,555

$1,500

Total Assets

$91,290

$16,148

Short-Term Debt

$0

$0

Long-Term Debt

$17,500

$17,500

Total Liabilities

$17,500

$17,500

Financials as of: 02/27/2024
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RemotelyMe on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,410,000
Price per Share: $1.00

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