The Influence Board

The Influence Board

Early Stage

Charitable giving as a new engine to drive BD!

Charitable giving as a new engine to drive BD!

Overview

Raised to Date: Raised: $204,400

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/07/2023

Close Date

10/08/2023

Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$22,000,000

Valuation Cap

$24,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,675

# of Investors

36

Momentum
Funded
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Year Founded

2012

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

LITTLETON, Colorado

Business Type

Growth

The Influence Board, with a valuation of $24 million, is raising funds on Wefunder. The company has developed a platform for business leaders to use the cold-outreach process to secure a meeting. The platform brings profitability and philanthropy together in a unique way as it helps executives to get exposure to filtered and relevant conversations, salespeople secure meetings, and charities receive revenues in the form of business development budgets. Jay Allen founded The Influence Board in August 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for platform development, sales and marketing, and operations.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$340,268

$233,453

COGS

$37,917

$39,087

Tax

$0

$0

 

 

Net Income

$-279,951

$-198,738

Summary Balance Sheet

FY 2022 FY 2021

Cash

$173,575

$33,382

Accounts Receivable

$70,000

$14,000

Total Assets

$905,513

$751,834

Short-Term Debt

$296,299

$175,670

Long-Term Debt

$0

$125,000

Total Liabilities

$296,299

$300,670

Financials as of: 06/07/2023
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The Influence Board on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $24,000,000

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