-
Security Type
-
Common Stock
-
Categories
-
Education, Technology, Service Businesses
-
Min Investment
-
$250
-
Offering Date
-
October 05, 2022
-
Expected Close Date
-
March 06, 2023
-
Target Raise
-
$10.00K-$1.23M
-
No. Investors
-
49
-
Security Price
-
$2.25
-
Valuation
-
$26,052,750
- Number of Employees
- 14
- Cash
- $73,503
- Revenue
- $252,313
- Short Term Debt
- $172,224
- Cost of Goods
- $0
- Long Term Debt
- $41,000
- Net Income
- $-74,835
Company Description
StartupWind is the AI-Powered SMB Innovation & Mentoring Platform for a market of 30 million Small Business & Startups owners and we help them acquire critical business skills they lack. Over 10,000 small business owners have used the platform to gain business skills using 40+ video-based courses, self-service accelerator programs, business planning tools, and connection to 1,200+ of mentors. StartupWind also helps universities, state economic agencies & SBDCs with digital tools that allow them to help thousands of SMBs in their region.
Perks
Select this bonus
$499+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Select this bonus
Friends and Family
Invest within the first 48 hours and receive 15% bonus shares.
1
days
11
hours
22
mins
39
secs
Select this bonus
$2,500+ Investment
$2,500+ Invest and receive 5% bonus shares.
Select this bonus
$5,000+ Investment
$5,000+ Invest and receive 10% bonus shares.
Select this bonus
$10,000+ Investment
$10,000+ Invest and receive 15% bonus shares.
Select this bonus
$20,000+ Investment
$20,000+ Invest and receive 20% bonus shares.
Key Deal Facts
StartupWind’s mission is to empower small business owners with the critical business skills they typically lack so that they thrive and become the growth engine for their communities. Unlike dozens of isolated tools and websites, we believe StartupWind offers a single unified Innovation & Mentoring platform that allows the SMB owners to acquire the right business skills when they need it.
We are targeting a market of 30+ million SMB owners in the US comprising a large addressable market estimated to be worth $36 billion.*
We have proven market validation with over $250K ARR (annual recurring revenue) in 2021 and 25,000 engaged users, 10,000 small business owners, 1,200 mentors and 2,000 course enrollments on the platform. In addition to bootstrapping StartupWind, our leadership team has helped build and grow products at TriNet, Workday, Saba, Sun Microsystems, and BEA/Oracle. We also bring highly-experienced advisors including 2 public company board members.
Management Team / Advisory Board Bios
Professor Mohanbit Sawhney
Member, Board of Advisors
Associate Dean of Innovation at Kellogg School of Management at Northwestern University
Board Member at Reliance Jio Infocomm (NSE: RELIANCE)
Works on average 1 hour a week for the company.
Sanjit Singh Dang
Member, Board of Advisors
Chairman UFirstCapital
Former Investment Director at Intel Capital
Investments & Exits: Palantir (IPO 2020), Pinterest (IPO 2019), DocuSign (IPO 2018), Pensando (acquired by AMD for $1.9B in 2022), BodyLabs (acquired by Amazon 2017), Voke (acquired by Intel 2016)
Works on average 1 hour a week for the company.
Dr Elizabeth Xu
Member, Board of Advisors
Member, Board of Director, Remark Holdings (NASDAQ: MARK)
Former CTO at BMC Software
Adjunct Professor at Stanford University
Works on average 1 hour a week for the company.
Ido Sarig
Member, Board of Advisors
Former VP of Marketing at Intel / Wind River
Former Venture Capitalist at TWVC
Former VP of Marketing at Mercury Interactive (acquired by Hewlett Packard)
Works on average 1 hour a week for the company.
Karen Steele
Member, Board of Advisors
SVP of Marketing at Near
Former SVP/VP of Marketing at: VMware, Marketo, Saba, and Informatica
Works on average 1 hour a week for the company.
Craig Cook
Member, Board of Advisors
Director & Head of Global Alliances at Google
Former VP of Alliances at SAP
Works on average 1 hour a week for the company.
Robert C Wolcott
Member, Board of Advisors
Chairman TWIN Global
Professor at Kellogg School of Management & Chicago Booth School Business School
Angel Investor in 20+ startups including Indigogo and StartupWind
Works on average 1 hour a week for the company.
Mahesh Rajasekharan
Member, Board of Advisors
CEO, Cleo Communications
Former COO of SumTotal, VP at i2 Technologies
Partner, Globe Private Equity
Works on average 1 hour a week for the company.
Ned Stabler
Member, Board of Advisors
CEO, Techtown Detroit
Vice President for Economic Development at Wayne State University
Former VP of Economic Development at Michigan Economic Development Corporation
Works on average 1 hour a week for the company.
Madhukar Govindaraju
Member, Board of Advisors
CEO, Numly
Former SVP/Head of Engineering at TriNet (NYSE: TNET), Saba, Microsoft
Works on average 1 hour a week for the company.
Sure Madnani
Member, Board of Advisors
Vice President, American Express
Deputy General Manager, IBM Global Business Services
Works on average 1 hour a week for the company.
Stephanie Sims
Advisor
Founder Finance-ability
Former executive at Goldman Sachs, Lehman Brothers
Works on average 1 hour a week for the company.