Wage

Wage

Early Stage

Digital job network simplifying connections between gig economy workers and hirers

Digital job network simplifying connections between gig economy workers and hirers

Overview

Raised this Round:
$27,232 - RegCF
$277,232 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

05/09/2022

Close Date

06/28/2022

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$2.89

Pre-Money Valuation

$15,000,000

Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

High Growth

Wage, with a valuation of $15 million, is raising funds on SeedInvest. It is a jobs and services marketplace that connects gig economy workers and employers. The peer-to-peer marketplace eliminates the layers between supply and demand and offers transparency and efficiency. The user base of Wage grew by 31% to 110,000 in 2021 and is set to grow further in the coming years. Marcin Zgola and Tim Wright founded Wage in December 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for operations, product development, sales and marketing, and hiring.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$24,673

$0

 

 

Net Income

$-1,209,623

$-8,017

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$150,267

$899,985

Accounts Receivable

$0

$0

Total Assets

$155,631

$899,985

Short-Term Debt

$20,730

$7,686

Long-Term Debt

$1,300,000

$900,000

Total Liabilities

$1,320,730

$907,686

Financials as of: 05/09/2022
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Wage on SeedInvest 2022
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $15,000,000
Price per Share: $2.89

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Follow Wage on SeedInvest 2022

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