Wholesale Payroll

Wholesale Payroll

Early Stage

A modern, smart, user-centric, payroll platform

A modern, smart, user-centric, payroll platform

Overview

Funding data not publicly available
Platform

ChainRaise

Start Date

05/09/2023

Close Date

05/01/2024

Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Year Founded

2021

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

MARCO ISLAND, Florida

Business Type

High Growth

Wholesale Payroll, with a valuation of $20 million, is raising funds on ChainRaise. The company has developed scalable, customizable, and white-labeled payroll software to transform the payroll industry. The platform is user-friendly and aims to empower employers and employees through forward-thinking architecture and a pleasant user experience. Wholesale Payroll started marketing its services in 2022 and has several dozen paid subscribers waiting to onboard. Jessica Clarke founded Wholesale Payroll in July 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing, research and development, equipment purchases, future wages, debt repayment, and general working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-117,188

$-35,401

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,629

$37,537

Accounts Receivable

$0

$0

Total Assets

$953,382

$188,751

Short-Term Debt

$106,561

$993

Long-Term Debt

$0

$0

Total Liabilities

$106,561

$993

Financials as of: 05/09/2023
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Wholesale Payroll on ChainRaise 2023
Platform: ChainRaise
Security Type: SAFE
Valuation: $20,000,000

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