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Spendwith, Corp.

Software & AI · Atlanta, GA · Founded 2017

We connect companies with Black, Latinx and Female on-demand talent

Valuation cap ⓘ
$2.5M
As of Mar 2020 · from Reg CF Offering (2019) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$73,474
Across 3 rounds since 2017
Latest share price
$2.73
Reg CF · Common Stock · Jul 2017 offering price

Financials

FY2015–FY2018 · from SEC filings · hover any figure for its source
$0
2015
$0
2016
$0
−$14K
2017
$1K
−$18K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 reviewed*
FY2016 reviewed*
FY2017
FY2018 unaudited*
Income statement
Revenue
$0
$0
$0
$1,020
Cost of goods sold
$0
$0
$0
$0
Gross margin
—
—
—
100%
Net income
$0
$0
-$13,683
-$17,898
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$0
$21,655
$154
Accounts receivable
$0
$0
$2,683
$0
Total assets
$0
$0
$28,049
$8,383
Short-term debt
$0
$0
$153
$420
Long-term debt
$0
$0
$1,765
$0
Total liabilities
$0
$0
$1,918
$420
Other
Headcount
—
2
2
1

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$2.5M
pre-money
$3.7M
pre-money
$2.5M
Valuation cap
Reg CF · Common · Jul 2017
Reg CF · Common · May 2019
Reg CF · SAFE · Nov 2019

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Fundraising history

Reg CF · SAFE · Nov 2019Closedvia WeFunder
Raised $26.1K / $107KInvestors 156Valuation cap $2.5M
Reg CF · Common Stock · May 2019Closedvia truCrowd, Inc
Raised $0 / $1.1MPost-money $3.7M
Raised $47.4K / $500KInvestors 195Post-money $2.6M

Team

11 people
C. Jibril Sulaiman IIFounder
Founder / CEO

Jibril is 16-year entrepreneur. 10 of those years come from owning and operating prepaid wireless stores in 4 cities. 2011-2017 Jibril was the President of Pay Sell Co. a tech company launched after experiencing a pain in accepting wireless payments. Under Pay Sell Co he created the platform Cellpay to provide a way wireless dealers across the country could accept prepaid phone payments from customers. Pay Sell Co was ranked #484 on the 2016 INC.5000 in software 2017-Present Jibril has been a freelance Startup/Tech Consultant & web developer. 2015-2016 Previous startups included Rapfeatures.com & Razsum.cash. From 2001-2010 Jibril was the president of The Cell Phone Place.

Yasir MehmoodFounder
CTO / Co-founder

7-year Full Stack Web/App Developer | Developed over 50 apps. | 2014-2017 Yasir worked as a freelance for Pay Sell Co. on various projects including Cellpay.us, Rapfeatures.com & Razsum.cash. Before that, 2011-2014 Yasir was a developer with the dev shop, Purelogics. Yasir has a degree in Computer Science.

Jibril SulaimanFounder
CEO / Founder
Barbara Bickham
Technology Advisor

CTO / CSO / Special Council DPOUSA / Tech Advisor / Entrepreneur / Author / Philanthropist

Adekunle Ayodele
Advisor

Founder of DataBox Technologies, a software development company based in Atlanta, GA. With over 15 years of IT experience consulting for Fortune 500

Alexander S Lowry, MBA
Advisor

COO for early stage and middle market businesses

Andrew Bart
Advisor

Venture Capital, Angel Investor, Startup Advisor, CEO, Founder, Fractional CGO / CMO, focused on growth and acceleration of tech companies

Jesus Martinez
Advisor

Y Combinator Investor, Start-Ups, & Philanthropy, Harvard University

Kunal Punjabi
Advisor

Sr. Director Product Management and UX @bills.com previously founded EkoTable • BS in EE & MSEE Georgia Institute of Technology

Show 2 more people
TaShan Parks Twyman
Advisor

Digital Marketing Strategist | Non-Traditional Media Consultant | Consumer Tech Evangelist | Social Sales Trainer| Keynote Speaker

Tomi Hodonu
Advisor

Former GM at cheki.com.ng Nigeria's # 1 cars website

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 9 annual reports (FY2017–FY2025)

195 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CNov 25, 20190001670254-19-000673
    EDGAR
  • Form C/AJul 11, 20190001713366-19-000003
    EDGAR
  • Form CMay 31, 20190001713366-19-000001
    EDGAR
  • Form C-ARApr 30, 20180001665160-18-000368
    EDGAR
  • Form C-UNov 3, 20170001665160-17-000552
    EDGAR
  • Form C/AAug 7, 20170001665160-17-000337
    EDGAR
  • Form CJul 31, 20170001665160-17-000325
    EDGAR
Source: ManualCIK 0001713366DEShare price $1.37

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.