Melanoid Exchange

Neutral
BETA

Melanoid Exchange is a mobile app platform dedicated to connecting entrepreneurs of color with the world through eCommerce and booking.

Analytics

Raised to Date: $156,200

Aggregate Commitments $
Platform

Buy The Block

Start Date

02/28/2020

Close Date

08/27/2020

Min. Goal

$15,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$11,000,000

Discount Rate

0%

Weekly Commitments $
Status
Funded
Reporting Date

09/06/2020

Days Remaining
Funded
% of Min. Goal

1,041%

% of Max. Goal

146%

Likelihood of Max
Funded
Avg. Daily Raise

$863

# of Investors

591

Momentum
Funded
Location
Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Melanoid Exchange, with a pre-money valuation of $11.8 million, is raising funds on BuyTheBlock. It is a mobile app platform that connects entrepreneurs of color with the world through booking and e-commerce. Melanoid Exchange allows product and services vendors to come aboard its platform and sell their products. Melanoid Exchange was founded by Jovante Ham and Darsha Carter. The current round of crowdfunding of the company has a minimum goal of $15,000 and a maximum goal of $107,000, and the funds will be used towards advertising, development costs, and legal expenses. Melanoid Exchange offers a customizable storefront for vendors, with a host of marketing tools.

Ratings

last updated 09/06/2020

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