3d Houdini, Inc.

3d Houdini, Inc.

The first freelance platform to serve the manufacturing industry

Print
Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Seattle, WA
Offering Date
June 13, 2020
Expected Close Date
September 11, 2020
Target Raise
$50.00K-$500.00K
Deal Notes

20.0% discount

$50K+ voting & pro rata right threshold 

Company Description

3DHoudini is the first freelance platform to serve the manufacturing industry. We provide on-demand solutions for sourcing parts and related services and provide manufacturers with low-cost access to a $1T global market. Our focus is providing market access to small companies and businesses with excessive downtime on equipment. We aren’t reinventing the wheel; we’re simply applying an established business strategy to a different industry.

Key Deal Facts

On-demand solutions for sourcing parts and related services
Provide manufacturers with low-cost access to a $1T global market
Focus is on small companies and businesses that have excessive downtime on equipment
Highly automated, low overhead, virtual business with the ability to scale quickly
High projected profit margins (81.9% in FY1 growing to 96% in FY5) (cannot be guaranteed)
Profitable since first sale in April 2020
The gig economy is thriving: 41.6 million Americans worked as freelancers in 2019

Use of Proceeds

If $50,000 is raised:

80% toward business development (business development is comprised of: website development, branding, advertising and marketing, with the majority of funds going to advertising and marketing), 7.5% towards Wefunder fees and 12.5% toward reserve.

If $500,000 is raised:

81.2% toward business development (business development is comprised of: computers and software, website development, branding, professional services, advertising, marketing and travel, with the majority of funds going to advertising and marketing), 6% toward hiring, 7.5% toward Wefunder fees and 5.3% toward reserve.

Management Team / Advisory Board Bios

Chris White
President/CEO
Working at a global design consultancy, Chris was a Senior Build Specialist on Jeff Bezos’s Blue Moon project. Chris founded many companies including, Antropy, a tech company partnered with NASA and DARPA. He has an MFA from the U of Pennsylvania.

Jean-Louis Guillou
Executive Consultant
Jean-Louis helps companies establish peak performance. He has served as President Director at Cargill, and at UBS Investment Bank he served as Executive Director of US Equity Institutional Sales. Jean-Louis holds an MBA in Marketing from Thunderbird.

Nihar Dodiya
Lead Web Developer
Nihar is a Full Stack Developer. From Surat, India, Nihar leads a team of six other developers with a broad range of skills. He has a Msc IT from J.P. Dawer Institute of Information Science & Technology.

Steven Shamblott
Advisory Board Member
Steve is experienced in starting and operating companies and has been involved in a multitude of mergers and acquisitions.

Robert MacDonald
Advisory Board Member
Robert is a founder of Mach 2 Arts, Inc., a company specializing in custom fabrication and sculpture for exhibits and themed environments. Mach 2 Arts provides its clients with many of the services included in the 3DHoudini marketplace.

Deal Notes

20.0% discount

$50K+ voting & pro rata right threshold 

Amount Raised : $23,974
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments