Talino Venture Labs
Early Stage
Award-winning Venture Studio of inclusive fintechs for underserved markets
Overview
Raised: $505,522
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/05/2021
Close Date
11/25/2021
Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$15,000,000
Valuation Cap
$20,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/29/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$9,912
# of Investors
305
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2016
Industry
Financial & Insurance Products & Services
Tech Sector
CommerceTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Talino Venture Labs, with a valuation of $20 million, is raising funds on Wefunder. It is a venture studio comprising of inclusive fin techs that cater to underserved markets. The venture studio is building the next generation of inclusive fin techs, including lenders of small businesses, digital banks for migrant workers, insurers for the middle class, and digital enablers for the food industry. Talino Venture Labs has signed partnerships with US banks and US grocery chains and has been featured on CNN, Esquire, BusinessWorld, and more. Winston Damarillo founded Talino Venture Labs in January 2016. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The campaign proceeds will be used for technology R&D, hiring developers, building products, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$434,888 |
$344,130 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$27,739 |
$-10,372 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,904 |
$16,465 |
|
Accounts Receivable |
$172,089 |
$80,787 |
|
Total Assets |
$174,993 |
$97,252 |
|
Short-Term Debt |
$253,883 |
$203,881 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$253,883 |
$203,881 |
Financials as of: 10/05/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.