Bizfluence

Bizfluence

Early Stage

A Global Networking Platfrom To Help SMBs Do More Business

A Global Networking Platfrom To Help SMBs Do More Business

Overview

Raised to Date: Raised: $465,956

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/25/2021

Close Date

08/20/2021

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

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$8,634,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2021

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

$3,170

# of Investors

400

Momentum
Funded
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Year Founded

2020

Industry

Business Services, Software, & Applications

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

Bizfluence, with a pre-money valuation of $8.63 million, is raising funds on Wefunder. The global marketing platform helps small and medium businesses to do more business. The platform allows companies network, share, and do business together to recruit, engage, and meet. Jacob Davis founded Bizfluence in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,000,000, will be used towards salaries, marketing, and R&D. Bizfluence currently has 6,000 users and 20,000 posts in its beta version. The platform provides tools to small and medium business professionals to do their business seamlessly.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-96,131

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$90,804

$0

Accounts Receivable

$0

$0

Total Assets

$90,804

$0

Short-Term Debt

$19,855

$0

Long-Term Debt

$0

$0

Total Liabilities

$19,855

$0

Financials as of: 03/25/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bizfluence 12/07/2022 StartEngine $13,847,963 $57,770 Equity - Common Funded RegCF
Bizfluence 04/29/2022 StartEngine $13,703,036 $83,854 Equity - Preferred Funded RegCF
Bizfluence 08/19/2021 Wefunder $8,634,000 $465,956 Equity - Preferred Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Bizfluence on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $8,634,000
Price per Share: $1.00

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