GET A PIECE OF EVENTNOIRE
The Global Gateway to Cultural Experiences
$215,905.16 Raised
REASONS TO INVEST
Eventnoire is here to eliminate the clutter of oversaturated, uncultured platforms, and reward event curators and creatives for pushing the culture forward.
There are over 47 Million black people in the U.S. who over index when it comes to setting the trends in fashion, sports, music, and entertainment. This group also will have an estimated $1.8 Trillion in buying power by 2024. But the opportunity is bigger than the Black community with culture influencing every aspect of society, every demographic, and every race. Due to the lack of culturally relevant events, paired with post-pandemic growth in the event industry - we are carving out a niche in the $94 Billion global ticketing industry.*
We are in over 21 markets globally, have worked with over 2,200 event partners, processed over $4.6 Million in transactions, and won first place in Mountain Dew’s 2021 Real Change Opportunity Fund Competition and the second annual BLK Tech Pitch Competition hosted by 1871.
the pitch
Eventnoire is the premiere event platform for event planners, organizations, and marketers that celebrate and embrace culture. Our team is equipped with MBAs, J.D.'s, eventrepreneurs, web developers, and more than 50 years of combined event management experience. We deeply understand the event ticketing industry, and what Black curators want in this space. We have worked with 2,000+ event organizers and processed over $4.6 Million in transactions via our platform. We have generated $400k+ in ticket fees and recycled tens of thousands of dollars into organizations and event hosts supporting the Black community.
Eventnoire: Where Culture & Events Intersect
Culture is one of the most powerful forces known to man. Bringing people together from all backgrounds, celebrating our differences, and building community is at the core of our mission, at Eventnoire.
Our co-founders, Jeff Osuji and Femi Masha, created Eventnoire after identifying the need for a platform where individuals can easily discover and navigate entertainment opportunities that embrace Black people and culture.
Eventnoire offers software solutions for event registration, event management, mobile apps for events, and email marketing. Our unique platform serves as a resource for event hosts to monetize their influence and receive commissions from ticket fees.
The Problem & Our Solution
Eventnoire offers end-to-end event management solutions that support the creator community as well as community orgs and will connect brands to unique sponsorship opportunities.
Our co-founders are veteran event organizers. They discovered that it can be extremely difficult to be profitable when hosting events, and that most ticketing platforms collect a large portion of the service fee without giving back to the event host. Not to mention, general market media platforms fail to understand how people of color uniquely navigate the event landscape based on issues that face our community.
Eventnoire has capitalized on these shortcomings in the market filling a white space. We aim to change the industry for individuals and organizations that have a keen focus on connecting the world and Black diaspora to Black culture-centric events. We have created a culturally immersive space for lovers of the culture to discover life changing experiences, and reward event curators by recycling ticketing fees into our community.
Our business model is simple - Eventnoire collects 17% for all paid transactions on our platform. In 2023 we plan to roll out media offerings brands and organizations through Eventnoire Premium. Eventnoire Premium is under development, but our vision is that this will be a subscription-based offering to support our event curators, with white glove services and sponsorship support.
*Advertising and subscription plans are currently under development, and are not yet part of the services Eventnoire is offering
The Market & Our Traction
We are creating a niche in the global market for online event ticketing that is estimated to reach ~$94 Billion by 2025*
Due to the lack of access to culturally relevant events, paired with post-pandemic growth in the event industry, we are carving out a niche in the global ticketing industry, which is growing at 7% CAGR (source). Additionally, the event management platform market size has been valued at $31.23 Billion in 2022, expecting to reach $60.01 Billion by 2028 (source).
There are over 40 million people in the U.S. Black Diaspora, and Eventnoire is focused on the $31 Billion that Black consumers spend on events annually.**
Since launching in 2018, Eventnoire has made notable strides of growth in the industry. So far, we have worked with 2,200 event promoters and organizers, have over 200,000 registrants, and we have doubled revenue since last year with expectations to triple in 2023.
$4 Million worth of transactions have been executed via our platform, and we have generated $400K+ in ticket fees. Of the revenue we have generated, we have committed to our mission and recycled over $20k+ back into event organizations and Black communities.
Our team won first place in Mountain Dew's Real Change Opportunity Fund Competition through multiple rounds of pitching our business model and concepts. This was judged by DJ Envy, Lala Anthony, and Morgan DeBaun, and has been a significant milestone for our company.
Additionally, Eventnoire has been recognized by the BET Awards, Forbes, Essence, Afrotech, ABC7, and BizBash, and provided ticketing services fort the Hyde Park Summerfest as the Eventnoire app was used for a seamless check-in process for their 20k attendees.
*The above testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.
**Total amount spent by Black consumers is based on research data collected by Eventbrite and the Company's own internal calculations.
Why Invest
Our Global Vision: Inspire Connection and Camaraderie
Eventnoire is a solution that we believe the world needs. Our platform is creating a safe space in the event sector for Black communities to connect and celebrate. We are setting out to build our company by optimizing our event technology, streamline our sales and marketing, and scale by any means.
Backed by 50+ years of combined event management experience, our team understands what it takes to build a profitable business. We are humble and hungry to deliver on our mission and the success of Eventnoire.
Using our resourcefulness, scrappiness, and grit, we were able to develop and grow this company despite the challenges of the COVID-19 pandemic. Now we are equipped with significant traction, and a niche market sector to carve into: we believe it’s only up from here.
Join the movement to make events that embrace culture more accessible to our communities. Invest in Eventnoire!
ABOUT
HEADQUARTERS
222 Merchandise Mart Plaza #1212
Chicago, IL 60654
WEBSITE
View Site
Eventnoire is an online event management platform that provides end-to-end event management solutions and connects event lovers to immersive cultural experiences. Currently in-market with over 200,000 registrants, our platform is for event creators, and organizations that embrace diversity and culture. We also recycle dollars back into community organizations and creators by sharing ticket fees with loyal event organizers which helps realize incremental revenue.
TEAM
Femi L. Masha
COO, Corporate Secretary, and Board Director
Jeff (Onyewuchi) Osuji
CEO and Board Director
Jeffrey currently works approximately 50 hours a week for Eventnoire. He also works as a Principal for MD Newsline 3 hours a week, as Entrepreneur In Residence for 1871 5 hours a week, and as a real estate agent for Kale Realty 2 hours a week. Jeffrey holds positions of President with Pyramid Solutions & Marketing and CEO of Osuji Enterprises which require only a limited amount of his time.
Hameed Bello
Technology Lead
Josh Mercer
Head of Marketing
John Johnson bka John Monopoly
Head of Entertainment
This team has a deep understanding of the event industry and event services. We also have experience managing and selling tech solutions to consumers and corporations on top of entrepreneurship experience that will help us scale this company.
TERMS
Eventnoire
Overview
PRICE PER SHARE
$1.07
DEADLINE
May 1, 2023
VALUATION
$10.04M
FUNDING GOAL
$10k - $1.23M
Breakdown
MIN INVESTMENT
$249.31
MAX INVESTMENT
$1,234,999.35
MIN NUMBER OF SHARES OFFERED
9,345
MAX NUMBER OF SHARES OFFERED
1,154,205
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 10% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive additional 5% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 2% bonus shares.
Amount-Based Perks:
$1,000+ | Bronze Tier
Early Access to exclusive Eventnoire events
$2,500+ | Silver Tier
Early Access to exclusive Eventnoire events & VIP experiences
$2,500+ | Gold Tier
Early Access to exclusive Eventnoire events plus VIP experiences, and Club Noire
$5,000+ | Platinum Tier
Early Access to exclusive Eventnoire events plus VIP experiences, Club Noire and an Eventnoire NFT,
$10,000+ | Diamond Tier
Early Access to exclusive Eventnoire events plus VIP experiences, Club Noire, an Eventnoire NFT, and access to a private dinner for Diamond level investors with Founder and Executive Team. *Transportation and lodging not included.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Inter company debt or back payments. Any expense labeled “Travel and Entertainment”.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Arthur Moore
5 months ago
Dope company!!
Is your LTD floating or fixed? Will the capital raise be used to pay the LTD or for company growth?
0
0
Jairus McAllum
6 months ago
what are your plans for an exit strategy for investors
1
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Dawn Simmons
5 months ago
0
0