Talino Venture Labs

Talino Venture Labs

Early Stage

Award-winning Venture Studio of inclusive fintechs for underserved markets

Award-winning Venture Studio of inclusive fintechs for underserved markets

Overview

Raised to Date: Raised: $505,522

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/05/2021

Close Date

11/26/2021

Min. Goal
$250,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

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
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Year Founded

2016

Industry

Financial & Insurance Products & Services

Tech Sector

CommerceTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Manhattan Beach, California

Business Type

Growth

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
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Talino Venture Labs on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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