Workbnb (Techstars 22)

Unstoppable Black Founders Defy Venture Capital Overlooking Minorities With Pre-Seed Extension Raise

https://wefunder.com/workbnb

Total raised on Wefunder: 0

Total investors: 0

Quick facts

  • A Techstars venture-backed portfolio company #Tulsa12
  • Proud Supplier to the NFL (Minority Business Enterprise certification in process)
  • Temporary Housing Supplier for Super Bowl LVIII in Las Vegas, Nevada
  • Featured in Harvard Business Review, Black Enterprise, SKIFT, Yahoo Finance, LV Weekly, TechCrunch
  • Las Vegas Top Tech Award Nominee - BEST STARTUP - Daj’Anique Staples
  • RoadPitch Tour’s NYC Pitch Competition Winner - Yeves Perez
  • 1689 clients on BETA waitlist / 72 investomers / 2 Construction executives as brand ambassadors
  • Daymond John’s Black Entreprenuers Day 2022 Powershift Grant Winner ($25,000) / 7 Million Viewers

Team profiles

Featured investor profiles

Workbnb (Techstars 22)

Unstoppable Black Founders Defy Venture Capital Overlooking Minorities With Pre-Seed Extension Raise

$13,020

of a $50,000 goal
INVESTMENT TERMS
Future Equity
$30M valuation cap

Highlights

1
A Techstars venture-backed portfolio company #Tulsa12
2
Proud Supplier to the NFL (Minority Business Enterprise certification in process)
3
Temporary Housing Supplier for Super Bowl LVIII in Las Vegas, Nevada
4
Featured in Harvard Business Review, Black Enterprise, SKIFT, Yahoo Finance, LV Weekly, TechCrunch

Related company links

Featured Investors

Team

Welcome to Workbnb’s $3 Million Pre-Seed Extension Community Raise! It’s our time to dominate “Mid-term rentals”

[Disclosure: WeFunder requires Workbnb to file legal paperwork to increase our campaign from $50,000 to our target $3,000,000.]

2023 will go down in history as the year of “Smoke & Mirrors” for black founders as reported by TechCrunch’s senior venture capital and startups reporter, Dominic Madori-Davis. In her most recent article, she reports that "Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase. That's about $39.7 million out of $29.9 billion. This number is a massive year-over-year drop, and funding to Black founders has consistently declined since 2020. This trend mirrors an identical downward trend in corporate diversity, equity, and inclusion (DEI) investments and initiatives. So, what are black founders supposed to do to do this fundraising winter? Should we wait?

Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase.
Read the Full Story by Dominic-Madori Davis: https://techcrunch.com/2023/10/20/black-founders-received-0-13-of-capital-this-q3/


NO! We have too much tenacity to wait and hope for venture capital to grow a conscious. We believe too much in ourselves to put all of our eggs in the venture capital basket. 


We believe Q4 will be worse and Q1, Q2,Q3, and Q4 2024 will be a fundraising ice age for Black founders.


We are turning to our customers! 

We are turning to WeFunder!

We are fearless outliers!

It’s official! The Las Vegas Super Bowl LVIII Host Committee and the National Football League (NFL) have selected our business as an authorized Super Bowl LVIII Business Connect program supplier. This makes eligible to compete for contracts related to the Super Bowl. #itshappeninghere
It’s official! The Las Vegas Super Bowl LVIII Host Committee and the National Football League (NFL) have selected our business as an authorized Super Bowl LVIII Business Connect program supplier. This makes eligible to compete for contracts related to the Super Bowl. #itshappeninghere


We are now a proud supplier to the NFL! We have over 1600 companies on the BETA waitlist including Las Vegas based, The Penta Building Group, which is the official contractor for Formula One and the Las Vegas Grand Prix Paddock building! Plus, our lead investor for our WeFunder Campaign is the VP of Operations for Ames Construction, a large-scale industrial General Contractor that operates in over 30 states! We are prepared to dominate the “mid-term rentals” trend in 2024 with the rise of workforce rentals with our progressive OTA workforce booking technology.



Take a look at why 77 angel investors said “YES, I’m in” to our terms and consider investing in the Workbnb Movement.


Here are Four Reasons to invest in Workbnb!


REASON #1 - Product Rollout has begun!

For the past two years, team Workbnb has been alpha testing a unique B2B managed marketplace focused on four specific outcomes:


  • Repeatable transactions using a "no search bar" method to collect booking data.
  • Scalable high-ticket purchases by enterprises seeking safe and decent housing in multiple markets.
  • Significant gross margins utilizing a lower take rate per door for an overlooked niche.  
  • Tangible increases in brand value and social proof to leverage for BETA launch.


BETA Product Launch timeline and milestones: 


  • November and December 2023, onboarding the First 500 properties to the product in seven states from the Alpha team called Workforce Rental Prodigies and early testers paying $9.95 per month for the past year to list properties in twelve states.


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