SkillSoniq

SkillSoniq

Early Stage

Using AI to connect companies with skilled, local freelancers

Using AI to connect companies with skilled, local freelancers

Overview

Raised to Date: Raised: $100,286

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/19/2019

Close Date

04/14/2020

Min. Goal
$50,000
Max. Goal
$106,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,500,000

Discount

0%

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

$865

# of Investors

242

Momentum
Funded
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Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Jersey City, New Jersey

Business Type

Growth

Company Website

SkillSoniq is raising funds on Wefunder via SAFE with a $5.5 million valuation cap. SkillSoniq is an online marketplace using AI that connects companies with freelancers at affordable rates. In today's "gig" economy, SkillSoniq is helping individuals choose when and where they want to work on an interim or even contract-to-hire basis. The company has garnered over $600k in annualized revenue in its 1st year. The minimum investment is $100 and the team has raised a little over $50k to date.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,882

$0

COGS

$10

$0

Tax

$0

$0

 

 

Net Income

$-20,080

$-16,225

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,770

$1,908

Accounts Receivable

$1,420

$0

Total Assets

$3,190

$1,908

Short-Term Debt

$1,462

$0

Long-Term Debt

$56,799

$36,899

Total Liabilities

$58,261

$36,899
Financials as of: 12/19/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
SkillSoniq 09/12/2021 StartEngine $10,300,000 $134,152 Equity - Common Funded RegCF
SkillSoniq 04/13/2020 Wefunder $5,500,000 $100,286 SAFE 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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SkillSoniq on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,500,000

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