Thisway Global

Unbiased Matching Engine. Instantly matches, ranks and scores talent to jobs.

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Security Type
Debt
Categories
Technology, Social Impact, Financial Services
Min Investment
$100
Location
Austin, TX
Offering Date
June 25, 2020
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$5.00M
No. Investors
1
Security Price
$3.12
Deal Notes

6% interest

$25K+ pro rata right threshold

Valuation
$40,500,000
Number of Employees
12
Cash
$492,252
Revenue
$980,662
Short Term Debt
$1,110,425
Cost of Goods
$42,510
Long Term Debt
$4,107,203
Net Income
$-459,949

Company Description

We match all people to all jobs, without bias. Removing bias levels the playing field 1) helps millions of unemployed get new jobs 2) supports businesses, especially those seeking diverse applicants and team members and 3) spurs economic growth. Post Covid-19, average job application rates grew from 125 for each job to 1000+ applicants in many cases. We also increase job opportunities for candidates by matching them to jobs they may not know about, while supporting our paying company customers.

Perks

Invest $250+ for
$500+
$1,000+
$10,000+
Invest $250+ for
$500+
$1,000+
$10,000+

Key Deal Facts

Over $1.2 million is sales in last 6 months. Demand for unbiased matching and diversity is growing.
489% growth 2019-2020 with $160 billion annual market in the US alone. Amazon is new backer.
Exceptional API engineering and tech stack enables product to work in global job market.
Led by award-winning entrepreneur, Founder, Angela Hood, incubated at ideaSpace-Univ. of Cambridge
Very close team with multi-million dollar exits in the HR and tech industries.

Use of Proceeds

If $100,000 is raised:

30% Marketing through digital outreach, 22.5% Operations, 40% R&D, 7.5% Wefunder intermediary fee, 

If $1,070,000 is raised:

40% Marketing: digital/print campaigns, 22.5% Operations & employee increase, 30% R&D, 7.5% Wefunder intermediary fee 

Management Team / Advisory Board Bios

Angela Hood
Founder/CEO
International Entrepreneur of the Year (Top 5 Finalist), incubated at ideaSpace - University of Cambridge. International keynote speaker and thought leader on unbiased technology, ethical use of artificial intelligence and ROI of diversity.

Justin Hood
COO
Flew F/A-18's for the United States Marine Corps for 20 years, retiring as a LtCol. Leads defense contractor engagements. Now happily "herding the cats" for ThisWay Global.

Alex Shmelev
Chief Technology Officer
Walt Disney Architect, Drugstore.com VP of Pharmacy Technology Systems (acquired by Walgreens), Senior Engineer at one of the fastest growing finch companies, Nerd Wallet. Leading enterprise technologist for over 25 years.

Crystal Zilliox
Product Manager
Managed Talent Services division of multi-billion dollar, international job board, Indeed. Formerly served in the USMC in the areas of computer engineering and networking.

Daniel Snell
Senior Engineer
Behind the development, data science, and growth strategies of some of the best known startup brands. Brings expertise in user data correlation, product management as well as extraordinary API capabilities. Leads development of our front end.

Gabriela Martinez
Product Designer
Gabriela brings 4 years experience in diverse creative fields such as e-commerce, advertisement, product & web design. A well-rounded designer, Gaby oversees all visual design along with creating the user interfaces and experience of ThisWay products

Victoria Leigh
Salesforce Admin
Victoria was a Product Owner for her first year with ThisWay. In 2019 she became a Salesforce Admin and leads implementation of our Salesforce integrations.

Jacob Loechler
Senior Sales Executive
Closed nearly $1million in sales in the first six months of his time with ThisWay. Currently works with enterprise, defense and staffing companies to leverage our solutions to increase revenue, cost savings and increased diversity.

Matt Hofacker
Marketing Manager
Specializes in demand generation focused on acquisition, activation, and retention for startups going to market. Brings sales ops and marketing experience.

Scott Leese
Sales Strategy Advisor
Sales strategist known for helping startups go from $0revenue to $25million ARR in 3 years. 6x Startup Sales Leader 3x Top 25 AA-ISP Inside Sales Leader 2x Founder 1x Author

Ben Cohen
Enterprise Advisor
Experienced tech executive with 20+ years experience helping companies from startups to the Fortune 500 drive sustained growth and surpass customer expectations. Strategic thinker and motivated leader with proven history of operational execution.

Hasan Warraich
Intern - SaaS Operations
Bachelors of Business Administration - Management Information Systems. Active in Aggie Recruitment Committee and Muslim Students Association. Hasan also helps us understand how to best attract diverse talent from asian and Muslim backgrounds.

Deal Notes

6% interest

$25K+ pro rata right threshold

Amount Raised : $1,619,854
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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