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Incluzion

Incluzion

Early Stage

We connect companies with Black, Latinx and Female on-demand talent

We connect companies with Black, Latinx and Female on-demand talent

Overview

Raised to Date: Raised: $27,760

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/17/2020

Close Date

04/29/2020

Min. Goal
$20,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/02/2020

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

$391

# of Investors

160

Momentum
Funded
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Year Founded

2017

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Kennesaw, Georgia

Business Type

High Growth

Incluzion, with a $2.5 million valuation cap, is raising funds on WeFunder. It is a diversity-focused company that connects companies with minority talent, including Blacks, Latinos, and females. It provides flexible earning options and economic growth opportunities to the marginalized groups and empowers them. Incluzion was founded by Jibril Sulaiman and has raised over $50,000 since its inception. The proceeds of the current round of crowdfunding, with a minimum target of $20,000 and a maximum target of $107,000, will be used for research and development, marketing, staffing, business development, working capital, and legal expenses. In addition to being a freelance talent marketplace, Incluzion also provides a social community for the talent to network, share, and collaborate.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,020

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-17,898

$-18,960

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$154

$21,655

Accounts Receivable

$0

$0

Total Assets

$8,383

$28,049

Short-Term Debt

$420

$1,918

Long-Term Debt

$0

$0

Total Liabilities

$420

$1,918

Financials as of: 02/17/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Incluzion 04/28/2020 Wefunder $2,500,000 $27,760 SAFE Funded RegCF
Incluzion 09/29/2019 truCrowd $3,689,816 $5,970 Equity - Common Not Funded RegCF
Incluzion (previously Spendwith) 10/28/2017 StartEngine $5,000,000 $46,964 Equity - Common 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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Incluzion on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $2,500,000

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