Commissary Club/70M Resources (Seed)

Funding Details
Awarder
WeFunder
Date Award
February 01, 2020
Vertical
Social Network
Funding URL
View Funding Page
Valuation
$70,000,000
Funding Amount:
$1,400,000

Company Info
Founding Year
2016
Traction
In less than three years, 70 Million Jobs succeeded in facilitating employment for thousands of deserving men and women at some of the country’s largest employers, more than any other organization has achieved, while at the same time driving $3.5 million in ARR.
Revenue Amount
$3,500,000
ARR
$3,500,000
Organizations Involved
Y Combinator, Founders Fund, mAc Capital, Quake Capital, Insight general partners
Founders
Richard Bronson, Seth Sundberg, Joel Henderson, Briana Sparks, Adrienne Hatter, Alexandre Brown, Chris Wood, Ben Swerdlow, Julianne Martin
Company Description
Commissary Club/70M Resources is the first social network for 70 million Americans with criminal records. It aims to provide a platform for individuals with records to connect, access curated goods and services, and engage with various content types. The company has a strong foundation with existing partnerships and a large user base within the reentry community.
Market
Criminal Records
Location
Los Angeles, CA, US
Coinvestors
Y Combinator, Founders Fund, mAc Capital, Quake Capital, Insight general partners

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