in

Black Startups that Used Equity Crowdfunding for Seed Capital

If you don’t know what Equity Crowdfunding (aka investment crowdfunding / crowd investing / regulation cf) is, we suggest you read this article by Brandon Andrews, titled “THE BEST NEW WAY FOR AFRICAN AMERICANS TO INVEST IN OR START A BUSINESS: EQUITY CROWDFUNDING.”  Title III of the JOBs Act gives businesses the opportunity to legally accept money from anyone as an investment. It’s like a Kickstarter, but your contributors are now investors.  This form of fundraising is disrupting the way companies raise startup capital.  Entrepreneurs no longer have to beg rich investors for money.  They can simply turn to their social media networks for the cash to start a business.  Since the law is only 2 years old, we thought we’d make a list of the few Black-Owned companies that have had success with their investment campaigns.  If we’ve left off a company, ADD IT TO THE LIST!!!!

#1 Jetpack – Raised $250,865

On every college campus, students need certain products right away! During these moments, stores are either too far or closed, or students just don't have the time or energy to travel. Traditional delivery platforms take too long because students and professionals are located in buildings or on campuses not easily accessible by the public.

By stocking students with the right products, we enable super fast delivery via decentralized distribution. Sellers or "Jetpackers" can make extra cash just by going about their normal, daily activities around campus and fulfilling real-time orders.

https://jtpk.co/

by

0 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

#2 Spendwith – Raised $47,163.54

People enjoy discovering new shopping experiences, but for many, it’s difficult finding experiences they can trust.But who wouldn't trust a brand or business recommendation from members of their social circles (i.e., hobbyists, fans, foodies, culture, religion, gender, etc) or friends and family?According to the globally recognized Nielsen rating company and it’s 2015 report, “The most credible form of advertising comes straight from the people we know and trust. “Our app makes it fun & simple to discover, bookmark & share recommended shopping experiences (links, locations & social media posts) from those who share similar social & cultural circles as you.

https://spendwith.com/

by

0 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

#3 WhoseYourLandlord – Raised $54,609

Empowering & Informing The Rental Community 

Neighborhood Insights - Landlord Reviews - Quality Listings

https://www.whoseyourlandlord.com/

by

0 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

#4 Vacayo – Rasied $212,500

A tech-powered solution for landlords that gives them true passive income.  Unlike traditional property managers, Vacayo is fee-less! We rely on an arbitrage model, using our machine-learning algorithm to assess the earning potential of a home in real time. Landlords no longer have to choose between capitalizing on their investment and spending time with family!

https://vacayo.com/

by

0 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

#5 Black Momma Tea & Cafe – Raised $431,565

 Black Momma Tea & Cafe is the physical extension of our existing brands: Black Momma Vodka, Black Momma Tea, Black Momma Agave, and Black Momma Mixers, which currently have 26,000 total customers and totaled $2.5 million in online sales last year. We're building two locations in N.Y. to create physical extensions of our e-commerce business and to jump-start our expansion.

http://www.blackmommateas.com/

by

0 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

#99

Did we miss an entry? Add it to the List!

Text Image Embed



This field is required

Drop Image Here

or

You don't have javascript enabled. Media upload is not possible.

Get image from URL

Maximum upload file size: 20 MB.

Processing...



This field is required

e.g.: https://www.youtube.com/watch?v=WwoKkq685Hk

Supported Services:

Processing...

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

Comments

comments

Written by Blacklistz Staff

Folks creating lists of black culture related topics.

Content AuthorList MakerPoll Maker

Do you like this post? Upvote it so it will appear higher on the site!

10 votes. Add your vote now!
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Top Black-Owned Wine Companies (and Wineries) (5 submissions)

Black VCs to watch in 2018 (15 submissions)