Moonlighting

Moonlighting

The democratization of the freelance economy

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Security Type
SAFE
Categories
Service Businesses
Min Investment
$100
Location
Charlottesville, VA
Offering Date
August 23, 2018
Expected Close Date
December 31, 2018
Target Raise
$25.00K-$1.07M
Deal Notes
  • Type of security: Crowd Safe · Learn more
  • Discount: 20%
  • Valuation cap: $28,000,000

Company Description

A few years ago, we started Moonlighting to help empower people everywhere to pursue the career they always wanted, to lead a better life, and to do work that they truly love. We wanted to create a free and open marketplace that gives everyone a shot at getting discovered and building their own workplace independence. This mission has turned into a movement, spreading quickly throughout the country and soon, across the globe. Moonlighting removes the middleman between employers and freelancers, connecting them directly to empower on-demand employment. In addition, it offers a suite of powerful SaaS tools that simplify communications and small business accounting. With the upcoming blockchain integration, Moonlighting will decentralize worker profiles (including reviews, recommendations, education, licensing credentials) and allow freelancers to port their profile to any employment marketplace in the gig economy.

Perks

Invest $100 - One year complimentary Boost membership ($120/year value), and our heartfelt appreciation.
Invest $250 - One-on-one consultation for the set up and optimization of your Moonlighting account, one year complimentary Boost Membership, and a Moonlighting T-shirt.
Invest $500 - Complementary lifetime Boost membership ($120/year value) + your choice of previous perks.
Invest $1,000 - "Investor" badge added to your Moonlighting profile + your choice of any previous perks.
Invest $2,500 - Join our beta tester list and receive first access to new features and releases + your choice of any previous perks.
Invest $5,000 - ‘Featured Moonlighting’ story about you published and distributed to a national audience + your choice of previous perks.
Invest $10,000 - Lunch with the CEO + your choice of any previous perks.

Key Deal Facts

Grown to more than 650,000 registered users in all 50 states since launching in 2014
$6M+ raised from investors like new media companies Gannett, Tribune, and McClatchy
Top 10 mobile app in the iOS App Store “Jobs” category for over two years
Taking the “Gig Economy to the Next Freelancing Level” - Forbes
Currently incorporating blockchain technology to make hiring online safer and more trusted

Use of Proceeds

  • General marketing
  • Research and development
  • Future wages
  • General working capital

Management Team / Advisory Board Bios

Jeff Tennery
Founder & CEO
Founder & CEO of Moonlighting with over 25 years in senior executive leadership roles at Verizon, AT&T Wireless, nTelos, and Millennial Media (IPO).

Ritesh Johar
Co-Founder & CTO
With 13+ years of expertise covering various aspects of software architecture, design, development, process and methodology for the Federal Reserve, Thomson Reuters, and Capital One, Johar brings a wealth of digital payments experience.

Roy Slater
Co-Founder & COO
Before co-founding Moonlighting, Slater served as an operations manager at Capital One Financial, where he managed digital properties with revenues more than $1.5 Billion. Slater has also held positions at Lendingtree.com, and GMAC/Ditech.com.

Deal Notes

  • Type of security: Crowd Safe · Learn more
  • Discount: 20%
  • Valuation cap: $28,000,000
Amount Raised : $59,172
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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.

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