Swap Your Time

Swap Your Time

Swap Your Time, LLC is committed to building and monetizing a freelancing app

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Security Type
SAFE
Categories
Other
Min Investment
$20
Location
Minneapolis, MN
Offering Date
June 11, 2020
Expected Close Date
September 09, 2020
Target Raise
$75.00K-$250.00K
Deal Notes

20.0% discount

$25K+ pro rata right threshold

Company Description

In the current situation of lock downs and shut downs, working remotely and earning an income is even more important. We have built a successful freelancing platform as a response to a growing need of working remotely and earning either a main or supplementary income. The world will never be the same after Covid-19 and our platform will allow people to connect with each other, get work done, and earn their living.

Perks

$1,000+ Personal thank you letter from the founders
$5,000+ 60-minute conference call with the founders

Key Deal Facts

Over 25,000 users and growing exponentially. Thousands of gigs posted and many are added daily
99% of all users are in the US with large purchasing power
No debt. Started monetizing the app with advertisers.
Patent-pending.
Successfully raised money on Kickstarter.

Use of Proceeds

If $75,000 is raised:

55% towards continuous app improvements and software development, 12.5% towards marketing, 25% towards hiring and content monitoring, 7.5% towards WeFunder Fees

If $250,000 is raised:

20% towards continuous app improvements and software development, 60% towards marketing through digital ad spend and a full-time hire, 12.5% towards hiring and content monitoring, 7.5% towards WeFunder Fees

Management Team / Advisory Board Bios

Pavel Sakurets
CEO
Swap Your Time App is a needed application in times of Covid-19 shutdown and the post-shutdown world. We want to ensure people have an ability to advertise services they are good at and earn income.

Konstantin Zuyev
CTO
Building Swap Your Time App as a fast, secure, and reliable platform has been a blast. Understanding our consumers was a key to building a successful product.
Downloads

Deal Notes

20.0% discount

$25K+ pro rata right threshold

Amount Raised : $40,100
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Valuation

Security Description

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