Wongleer provides a business networking platform by which customers can be matched with qualified prospective customers or suppliers in an intuitive, easy-to-use interface. It cuts through the traditional noise and inefficiencies of social media and web searches to precisely identify active interest in a product or service, as well as those best suited to meet the need.
Please see below some quick details:
- The offering is a B2B SaaS platform powered by a matching algorithm with significant AI expansion potential.
- The company is an LLC registered in Delaware, with team members working from Austin, Houston, and Mexico City.
- Wongleer is pre-revenue, with owner’s investments totaling $360,000, and this is the first capital raise.
- The platform is a fully functional MVP and is currently in a limited-scope beta user rollout to gain market feedback on features, functionality, and UX.
- We are looking to secure $3 million - $5 million for software development, an aggressive marketing product launch, and working capital
Executive Summary
Currently, the process of finding reliable business relationships on digital networking sites requires a great deal of time and/or money, and results are usually only seen by very experienced marketing and sales professionals. These channels can be confusing, complicated, and expensive. There is no evident marketplace where companies can easily cut through the market noise to find best-fit suppliers and prospective customers. Wongleer solves this problem with a unique B2B networking focused platform that streamlines the business-connection process by means of a proprietary and unique matchmaking algorithm.
Wongleer is incorporated as an LLC in Delaware and has spent the last couple of years developing the platform at an estimated bootstrapped cost of $360,000. The product is fully functional and currently in a small-scale beta rollout. Our team is comprised of 5 members, all of whom are experts in marketing, software development, and business. Team members are located in Austin, Houston and Mexico City.
We are looking to raise $3 million - $5 million of working capital to be invested in the development of additional platform features, together with an aggressive marketing rollout. The business is pre-revenue and this will be the first round of funding. As a result of this capital infusion, we will dramatically accelerate the userbase and therefore, the inherent value for each user, together with the revenue curve projected in our monetization model.
As a final note, the landscape for online procurement and business development is undergoing a dramatic change in the SMB market as a result of the cataclysmic repercussions of the COVID-19 pandemic. Wongleer is precisely the window that allows companies from the US and other countries to move faster to a B2B online ecosystem to streamline the process of finding valuable business relationships at a practical price point and with much better results.
Ready to Ask For Funding for your company?
Post a Funding Request