Joi

Neutral
BETA

The FIRST bot to sell Direct Sales products on Facebook!

Analytics

Raised to Date: $12,178

Aggregate Commitments $
Platform

Wefunder

Start Date

10/21/2020

Close Date

02/18/2021

Min. Goal

$50,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$1,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

01/20/2021

Days Remaining

27

% of Min. Goal

24%

% of Max. Goal

12%

Likelihood of Max
Avg. Daily Raise

$134

Momentum
Location

Travelers Rest, South Carolina

Industry

Business Services, Software, & Applications

Tech Sector

CommerceTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Joi, with a valuation cap of $1 million, is raising crowdfunding on Wefunder. It is a bot that allows direct sales consultants to sell their products directly on Facebook. The aim is to increase sales for direct sales consultants by reducing friction from the buying process. Michael Stevens founded Joi in 2015 and has raised over $530,000 since its inception. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $100,000, and the proceeds will be used towards the software cost for building Joi and integrating with the direct sales software. Joi is partnering with a software company to allow it to integrate with 50 of their clients.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$223,804

$-12,000

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$100

$100

Accounts Receivable

$0

$0

Total Assets

$30,100

$30,100

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$223,804

Ratings

last updated 01/21/2021

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