The Influence Board
About this raise
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.
Investment Overview
Invested : $204,400
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/08/2023
- Close Date
- 10/08/2023
$50,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$22,000,000
$24,000,000
20%
Company & Team
Company
- Year Founded
- 2012
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +46% YoY
-
$340,268
as of FY2022
- Monthly Burn
-
$23,329
as of FY2022
-
Runway
-
7.4 months
as of FY2022
- Gross Margin
-
89%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,831,398
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/08/2023 | Wefunder | $24,000,000 | $204,400 | SAFE | Funded | RegCF |