DirecTech Labs on SeedInvest

Platform helping businesses better leverage their gig workers, micro-influencers, and social sellers

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DirecTech Labs Website

minimum raise

$25,000

maximum raise

$1,070,000

start date

08/05/2019

stop date

09/27/2019

security type

Equity

investment minimum

$1,000

raised to date

$86,618

reporting date

08/18/2019

number of investors

Not Known

percent of minimum raised

346%

percent of maximum raised

8%

likelihood of reaching max

Likely to Reach Max

dollars per day to reach max

$27,316

dollars per day committed

$6,663

dollars per day - category-

$922

dollars per day committed - all companies

$1,109
Crowditz Momentum

days remaining

36
More SEC Filing Data on DirecTech Labs from Crowdfilings.com

DirecTech Labs, with a pre-money valuation of $11.5 million, is raising funds on SeedInvest. The flagship product of DirecTech Labs, Distro, uses artificial intelligence and behavioral science to make the gig workers and micro-influencers more efficient and productive. The behavior profiles further allow the companies to become more successful and valuable. DirecTech Labs was founded by Jordan Zommick and Michael Bayan and has raised over $1.3 million in previous rounds of funding. The proceeds of the current crowdfunding round, with a minimum goal of $350,000 and a maximum goal of $2,000,000, will be used for development, marketing, team salaries, and general expenses. DirecTech Labs reported revenues of $770,000 in 2018, up 350% from the prior year, and the product performance has increased from a conversion rate of 3.28% in 2017 to 14.8% in 2019.