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Security Type
-
Common Stock
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Min Investment
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$249
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Offering Date
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March 21, 2023
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Expected Close Date
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April 30, 2023
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Target Raise
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$10.00K-$1.23M
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No. Investors
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8
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Security Price
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$1.07
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Valuation
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$10,039,372
- Number of Employees
- 6
- Cash
- $323,723
- Revenue
- $111,069
- Short Term Debt
- $0
- Cost of Goods
- $105,401
- Long Term Debt
- $450,800
- Net Income
- $48,914
Company Description
Eventnoire is an online event management platform that provides end-to-end event management solutions and connects event lovers to immersive cultural experiences. Currently in-market with over 200,000 registrants, our platform is for event creators, and organizations that embrace diversity and culture. We also recycle dollars back into community organizations and creators by sharing ticket fees with loyal event organizers which helps realize incremental revenue.
Key Deal Facts
Eventnoire is here to eliminate the clutter of oversaturated, uncultured platforms, and reward event curators and creatives for pushing the culture forward.
There are over 47 Million back people in the U.S. who over index when it comes to setting the trends in fashion, sports, music, and entertainment. This group also will have an estimated $1.8 Trillion in buying power by 2024. But the opportunity is bigger than the Black community with culture influencing every aspect of society, every demographic, and every race. Due to the lack of culturally relevant events, paired with post-pandemic growth in the event industry - we are carving out a niche in the $94 Billion global ticketing industry.*
We are in over 21 markets globally, have worked with over 2,200 event partners, processed over $4.6 Million in transactions, and won first place in Mountain Dew’s 2021 Real Change Opportunity Fund Competition and the second annual BLK Tech Pitch Competition hosted by 1871.
Management Team / Advisory Board Bios
Femi L. MashaCOO, Corporate Secretary, and Board DirectorSerial Entrepreneur with over 12 years of experience in the Event Production and Entertainment Industry.
Femi currently works approximately 40 hours a week in his roles for Eventnoire. He also works as a Vice President for Pyramid Solutions & Marketing and as Managing Associate for Dentons working a combined 25 hours a week in these two roles.
Jeff (Onyewuchi) OsujiCEO and Board DirectorSerial Entrepreneur with over 15 years of experience in Advertising, Sales, Event Production, and the Entertainment Industry.
Jeffrey currently works approximately 50 hours a week for Eventnoire. He also works as a Principal for MD Newsline 3 hours a week, as Entrepreneur In Residence for 1871 5 hours a week, and as a real estate agent for Kale Realty 2 hours a week. Jeffrey holds positions of President with Pyramid Solutions & Marketing and CEO of Osuji Enterprises which require only a limited amount of his time., Josh MercerHead of Marketing Josh Mercer is an entrepreneur and proud graduate of Howard University www.eventnoire.com. He’s a master connector, marketing guru, former teacher, and community leader residing in Chicago, IL. His HBCU connections have already been pivotal to Eventnoire securing event partnerships. He received his undergraduate degree from THE Howard Universiy.
Hameed BelloTechnology LeadHameed is an experienced corporate technology consultant with over 8 years of experience in managing tech processes and solutions for organizations like Medtronic, PwC, and Alpha Kappa Alpha, Sorority, Inc. He received his undergraduate degree from the University of Illinois at Urbana Champaign in Statistics & Informatics and his Masters Degree in Technology Management
John Johnson bka John MonopolyHead of Entertainment John Johnson is a music mogul, entrepreneur and Chicago music legend. Affectionately known as John Monopoly, he has his hand in a wide array of business ventures including serving as a liaison for entertainment industry connections for Eventnoire. He is also the chief strategy officer for cannabis brand Village and on the advisory board for gaming platform Gamelancer. He is most popularly known for helping discover and manage acts and influencers like Kanye West, Virgil Abloh, and Don C.
This team has a deep understanding of the event industry and event services. We also have experience managing and selling tech solutions to consumers and corporations on top of entrepreneurship experience that will help us scale this company.