Divercity.io

Divercity.io

We help women and people of color get jobs they love and connect with each other

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Security Type
SAFE
Categories
Other
Min Investment
$25
Offering Date
July 27, 2019
Expected Close Date
October 25, 2019
Target Raise
$50.00K-$107.00K
Deal Notes

First $60K will invest in a SAFE with a $2.5M valuation cap and 20% discount.

Company Description

LinkedIn for underrepresented professionals

Perks

$250+ for Divercity.io T-Shirt
$500+ Divercity.io T-Shirt
$1,000+ Free Access to the platform for life, & Divercity.io T-Shirt
$10,000+ Free Access to the platform for life, & Divercity.io T-Shirt

Key Deal Facts

Over 7000 organic users in our network and counting
Over 3000 jobs posted to our network
We are a team of 50% women with 10+ gender+ethnic combos
We are closing the diversity & inclusion gap
Warner Bros, Amplitude, Mozilla, Unity Technologies, and other top companies use our platform

Use of Proceeds

Full-Timing our UI/UX Interns, Engineering and Recruiting Teams, Marketing, Legal, Tools Costs, Intermediary Fee

Management Team / Advisory Board Bios

Chuka Ikokwu
Founder & CEO
Built the analytics system for Warner Bros. games and set data standards for AR/VR industry

Onuwa Uzor
Co-Founder
Became the one of the youngest partners in Ernst & Young history

Joanna Pyra
Lead Designer
Single-handedly designed one of Europe's top dating apps

Deal Notes

First $60K will invest in a SAFE with a $2.5M valuation cap and 20% discount.

Amount Raised : $52,378
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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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.

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