Investment Opportunity
323Software is currently raising a $312,000 pre-seed round through a SAFE (Simple Agreement for Future Equity). This investment covers all revenue-generating SaaS products developed under the 323Software brand — including our initial offerings (MinisterSpeaks, JustAskPip, PreachFlow, and ScriptureRun) and any future faith-tech applications we bring to market.
SAFE Investment Terms
- Valuation Cap: $3.7M pre-money
- Discount Rate: 20%
- MFN Clause: Included
- Conversion Event: Next equity financing or liquidity event
- Scope: All current and future SaaS products under the 323Software brand
Use of Funds
- 40% — Sales & Business Development
- 25% — Marketing & Advertising
- 20% — Product Development & UX
- 10% — Customer Success & Support
- 5% — Operational Expenses
Our infrastructure is fully owned and operated in-house via Alexiom Core, which powers all 323Software products. Platform usage costs — including infrastructure support, token/API reimbursement, and revenue sharing — are allocated at the company’s discretion to ensure sustainable profitability for both product and platform operations.
This structure ensures investor funds are used solely for growth — not overhead — and translates directly into subscriber acquisition, market penetration, and measurable ARR acceleration.
Valuation Justification
Our current $3.7M pre-money valuation is based on conservative financial modeling tied to Year 1 projected ARR of ~$620K across four products, each with strong margins and scalable infrastructure. We’ve grounded this valuation in a mix of Berkus, Scorecard, and ARR multiple methods, backed by disciplined founder execution and lean capital strategy.