ThisWay Global

BETA

The AI Matching Platform that increases talent, diversity, and removes bias

Analytics

Raised to Date: $1,070,000

Aggregate Commitments $
Platform

Wefunder

Start Date

08/20/2020

Close Date

10/16/2020

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Series A

Valuation Cap

$25,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

09/16/2020

Days Remaining

27

% of Min. Goal

1,070%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$39,630

# of Investors

1,190

Momentum
Location

Austin, TX

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

High Growth

ThisWay Global, with a $25 million valuation cap, is raising funds on Wefunder. It is an artificial intelligence-powered platform that matches all people to all jobs, without any bias. ThisWay Global supports businesses, spurs economic growth and helps unemployed people get jobs. Angela Hood founded ThisWay Global in 2016 and has raised over $4 million since its inception. The proceeds of the current crowdfunding campaign, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for marketing through digital outreach, operations, and research & development. ThisWay Global generated $2.8 million in ARR sales in 2020, with demand up 1,400% since March 2020. The platform has multiple patents and an established sales pipeline of over $18 million.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$201,535

$107,536

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,646,608

$-741,787

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$330,457

$2,103,003

Accounts Receivable

$8,231

$1,250

Total Assets

$391,781

$2,139,641

Short-Term Debt

$133,747

$114,999

Long-Term Debt

$2,850,000

$0

Total Liabilities

$2,983,747

$2,964,999

Ratings

last updated 09/16/2020

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