Moonlighting
Regulation Crowdfunding offering on Republic (OpenDeal Portal)
$88,877
of $1.07M goal
8.3% funded
About the offering
The growth of freelancing worldwide is staggering. In the US alone, freelancers make up 35% of the current workforce, some 55 million workers who collectively earned $1 trillion in 2016. That number is predicted to reach 43% by 2020, with some analysts citing that figure at 80% of the global workforce by 2030. While the freelance economy is booming, participants are at the mercy of flawed and individually-centralized job marketplaces. These traditional marketplaces struggle to engage new members and eliminate fraud, all while controlling freelancer earnings by setting pay rates, taking a steep cut of earnings, charging for bids, and withholding or even denying payment. As a result, freelancers are powerless to control their personal data and retain their full earnings. Conversely, employers have limited access to consistent, trusted, and verified worker data, putting them at the risk of losing money and wasting time in the process. A few years ago, we started Moonlighting to help empower people everywhere to pursue the career they always wanted, to lead a better life, and to do work that they truly love. We wanted to create a free and open marketplace that gives everyone a shot at getting discovered and building their own workplace independence. This mission has turned into a movement, spreading quickly throughout the country and soon, across the globe. Moonlighting removes the middleman between employers and freelancers, connecting them directly to empower on-demand employment. In addition, it offers a suite of powerful SaaS tools that simplify communications and small business accounting. With the upcoming blockchain integration, Moonlighting will decentralize worker profiles (including reviews, recommendations, education, licensing credentials) and allow freelancers to port their profile to any employment marketplace in the gig economy.
FAQ
How much has Moonlighting raised?
Moonlighting has raised $88,877 of a $1.07M goal.
Where is Moonlighting's campaign listed?
The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.
What are the terms of Moonlighting's raise?
SAFE, $28M cap, 20% discount.
When does Moonlighting's offering close?
The stated close date is Dec 31, 2018.
