CommunityBound is in the market with a $750,000 equity offering

CommunityBound announced the launch of its $750,000 non-brokered equity fundraising effort. The offering is expected to close within a year. Up to this point CommunityBound had raised an estimated $23,000 via one financing round.

The company is developing  a mobile and web application (app) to facilitate the communication between volunteers and non-profits. The app provide users with a range of tools for pairing organizations with volunteers and completing programs and projects.

There are other similar applications in the market, in late May, GIVINGtrax, a company which provides web and mobile tools for managing donations, corporate giving, cause marketing, volunteerism and fundraising, raised $20,000.

CommunityBound, registered in 2013, is headquartered in Austin TX. It is led by James Jackson Leach (Co-founder and CEO). Revenues were not available for the latest reporting period. The executive team includes Rey Ximenes (Co-founder and COO).

Offering recap:
Status: Launched
Company: CommunityBound
Industry: Other Technology
Amount offered: $750,000


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