Supervest

Supervest

Early Stage

Crowdfunding platform for alternative investments

Crowdfunding platform for alternative investments

Overview

Raised to Date:
$311,691 - RegCF
$551,691 - Total

Total Commitments ($USD)

Platform

SeedInvest

Start Date

03/04/2021

Close Date

05/09/2021

Min. Goal
$25,000
Max. Goal
$950,000
Min. Investment

$1,000

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$15,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2021

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

$4,795

Momentum
Funded
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Year Founded

2018

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

SCHAUMBURG, Illinois

Business Type

Growth

Supervest, with a valuation cap of $15 million, is raising funds on SeedInvest. The company has developed an online crowdfunding platform that allows accredited investors to tap into the potential of Merchant Cash Advance. The platform connects high-quality investors with stable funding partners to provide working capital to small businesses. Jeremy Morton founded Supervest in 2018 and raised $300,000 in the previous round of financing. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $950,000, will be used for marketing, technology, business development, and operational expenses. Supervest has participated in over 3,100 funding transactions and provided more than $15.5 million in funding to small and medium businesses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$123,427

$369,421

COGS

$0

$0

Tax

$0

$328

 

 

Net Income

$-167,890

$98,042

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$55,955

$120,063

Accounts Receivable

$0

$0

Total Assets

$1,646,851

$2,599,245

Short-Term Debt

$1,706,610

$2,486,135

Long-Term Debt

$446,775

$0

Total Liabilities

$2,153,385

$2,486,135

Financials as of: 03/04/2021
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Supervest on SeedInvest
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $15,000,000

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