CavnessHR Update
This is our monthly CavnessHR update for September 2023. But our first one since April 2023.
CavnessHR provides HR to companies with 49 or fewer people by automating HR products/services with our platform. While providing access to a dedicated HR Business Partner.
We do this based on the location and industry of our clients and we do this at around 20% the cost of traditional HR.
Team:
CEO/Founder - Full Time https://www.linkedin.com/in/jasoncavnesshr/
Designer - Full Time https://www.linkedin.com/in/christinaholbrook/
Developer - Full Time https://www.linkedin.com/in/mengting-yao/
Developer - Full Time - https://www.linkedin.com/in/ariel-wilson-aw/
Business Development - Part Time https://www.linkedin.com/in/martyna-ciborowska-59084021b/
Sales - https://www.linkedin.com/in/joseph-d-flores/
We have a Board of Advisors
Traction:
Customers: 1
Beta Testers: 12
Future Plans:
We are currently doing an equity crowdfund on WeFunder. We are raising $50,000 on a $3M safe. The plan is to use the $50,000 for the following.
Complete MVP
Complete beta testing -
Obtain initial users/customers
Continue to learn
Then use the momentum from this to do an institutional fund raise in January 2024
Here is the info for the crowdfund.
https://wefunder.com/cavnesshr
It would be great if you shared this with your networks. It would of course be great if you invested in the crowdfund. I understand that you can’t invest in a crowdfund as part of a VC
At the same time we are doing the above we will continue to focus on user/customer acquisition.
We are approaching potential investors in our crowdfund nationwide. For customers, we are focusing on Seattle, Washington.
On July 25, CavnessHR hosted a pitch competition for other founders. We had 6 startups pitch. With 50 people in attendance to include several investors.
We continue to network and meet people to discuss CavnessHR.
Your questions/feedback is appreciated
Any advice will be greatly appreciated.
CavnessHR: Focus on your business, we've got your HR
Be Great Every Day!