Fintech

listed by broker
Financial Services
Founded in
2019
Desired valuation:
Open to Offers
Description
FINRA regulated funding portal in the US. As a funding portal, we allow startups the opportunity to raise a round of funding from the general public. Our platform is currently 100% focused on Regulation Crowdfunding which allows startups to raise up to $5MM. We have raised over $6MM on the platform and produced $100K revenue. We were also recently nominated as the Top Up & Coming Equity Crowdfunding platform of 2022 from Kingscrowd and StartupStarter. We also have a few KEY referral partnerships with accelerators and broker dealers. Company Capabilities: 1. PicMii has been bootstrapped from inception with no outside funding having been sought after, leading to a simple cap table for the company. 2. Sleek company website carefully designed to make investing in startups easy and compliant. 3. SEC registered funding portal with FINRA membership. 4. SEC/FINRA compliant documentation system for careful storage of company information. 5. AML/KYC performed on each investor 6. Credit card, ACH, and Express Wire technology facilitat­ed through Stripe. 7. Special Purpose Vehicle (SPV) system allowing compa­nies to have one line on their cap table for additional charge. Future: There is not yet a global equity crowdfund­ing platform that spans across the world. The reason for this, is that countries across the world have different regulatory agen­cies that oversee crowdfunding and to operate in these countries, a crowdfunding platform needs to undergo a rigorous application process. We believe we have the compliance expertise necessary to get approval in many other countries (Canada, UK, EU, Australia, UAE, etc.) and create the first global equity crowdfunding platform known across the world.
Featured metrics
50% net profit margin, 600% revenue growth from 2021 to 2022, raised the 6th most in the industry in 2022.
Selling details
Type of shares
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Reason for selling
Looking for an owner with scaling experience that will scale the company larger and quicker.
Preferred acquirer
N/A
Aspirations & growth opportunities
The company could easily hit annual revenues of $1MM-$5MM within the next couple of years with the right owner.
Business details
Business model
Upfront payments, percentage fees, transaction fees
Customers
2500 (Startups looking to raise funds and investors looking to startup invest)
Competition
Republic
Operational details
Technology stack
WordPress integrated with DealMaker (Escrow agent)
Marketing spend
$ 2 K/Month (Instagram, Twitter, Taboola)
Performance tracking tools
Other
Financial details
Ownership structure
50/50 split ownership
Last month's revenue
$ 20 K
Last month's profit
$ 12 K
Financial records
Online reporting software/tools
Metrics
TTM revenue
$ 150 K
TTM net profit
$ 70 K
Based in
AMER
Team members
3-5
Acquisition type
Any
Desired valuation
Open to Offers
Message Owner
62f336f2b712630004e1da59
Message Broker
62f336f2b712630004e1da59