GET A PIECE OF TMRO APP
Tomorrow starts now
$74,886.39 Raised
REASONS TO INVEST
Freelancers contributed nearly $1 trillion to the US economy in 2019, with 57 million freelancers in the US (up by 4 million since 2014). This workforce now represents 5% of the US GDP
TmrO received its first 450 users and first 10 completed projects in the app, in January of 2021
TmrO is founded and built by creatives for creatives
A future-focused app that enables creative freelancers to not only survive, but to thrive
TmrO was founded by creative entrepreneurs who live by the motto of “helping, sharing, and solving problems”. Our gaze has always been into the future, while drawing inspiration from what we see shifting around us.
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The TmrO App is just that: a manifestation of what the future holds for creative working people and those looking to discover them. We have built a tool to support the wellbeing of the global workforce, with a laser focus on what our new world of talent needs in order to thrive.
The Problem
Freelancers struggle with getting paid in a fair and timely manner, while clients struggle to find reliable talent
Creative freelancers have a hard time getting paid for jobs they've delivered, with 54% of freelancers reporting consistent issues getting paid on time. The creative freelance industry is often unpredictable, making it difficult to find steady, reliable work during down periods.
Service seekers (individuals, small business owners & corporations) also struggle to source reliable talent that can deliver on their needs and in a timely manner. Oftentimes they don't know where to start without a costly professional recruiter, especially when time is of the essence.
The Solution
Finally, a platform that puts creatives first!
TmrO guarantees freelancers with payment before they even start a project, and pays them within seconds of completing it. While similar platforms take a 10-20% commission, TmrO only takes 5% for each project, and offers a dispute process to help support the resolution of any project discrepancies.
TmrO focuses on both ‘in-person’ and remote services, and helps creatives find last-minute projects with its “Book Instant” feature (that enables instant booking based on current location and availability).
Along with instant payouts, our platform will provide freelancers with a debit card that can be used just like any other, as well as electronic tax reports and filing.
*The above product is currently under development
The Market
Freelancers make up more than $1 trillion of the US economy, and this number only continues to grow
Freelancers contributed nearly $1 trillion to the US economy in 2019, with 57 million freelancers in the US (up by 4 million since 2014). This workforce now represents 5% of the US GDP.
33% of Freelancers worked in creative fields in 2018, representing $330 billion in annual revenue. US Creators who offered their services and worked online (across 9 popular platforms) earned a baseline of $6.8 billion in 2017, up 17% from the previous year.
TMRO plans to capture at minimum 3% of that revenue over the course of our plan representing over $200+million.
Our Traction
TmrO was launched earlier this year and already has hundreds of users!
The idea for TmrO came about in July of 2018, and the company was formed in August of 2018. After working with a few different developers, the Beta version of our app was launched in August of 2020 and TmrO (MVP) was ready for the App Store in October of 2020.
We soft-launched TmrO by going live in the App Store, launching www.tmroapp.com, and going live on Instagram in November of 2020. We received our official US trademark registration for the name TmrO, as well as our first 450 users and first 10 completed projects in the app, in January of 2021.
What We Do
An on-demand gig app that facilitates the hyperactive daily commerce of creative services
Our app allows creative freelancers to readily find opportunities and get paid almost instantly. Users simply download the free TmrO app and create a user account and profile to get started.
Creative freelancers can specify the services they offer (such as photography or voice-over acting), as well as their hourly rate, and include any images and videos they want to enhance their profile. These services immediately add creative freelancers to the marketplace, where they can be discovered and booked by clients. Additionally, creatives have the ability to search and apply for projects that clients list in the marketplace.
Client users have the ability to create projects from inside their profiles, by adding a description, as well as images, budget, date and location. Projects immediately appear in the marketplace, once they are created, and clients can request proposals from specific creative they wish to work with.
Before a creative is booked, clients and creatives have the opportunity to message inside the app, share files, and negotiate the budget for the project.
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The Business Model
Commission-based revenue + a new debit card program under way
TmrO makes its revenue by charging a 5% commission fee on each project. When clients book creative freelancers for projects, TmrO charges the client the full amount upfront, to ensure that creatives don’t start a project without secured payment. Once the creative completes the project, they select “project complete”, and the client is notified and has “48 hrs to dispute”. If the client does not dispute, funds will flow from TmrO’s escrow account into the creative’s account, and TmrO will deduct its commission.
This round of funding will help us to launch our debit card program that will allow our creatives to get paid within seconds.
Our Average Order Value differs by the tier of the client and creative, ranging anywhere from $75 to $1000 to $15,000 on the high end.
How We Are Different
Instant payment, instant booking and low commission fees
We are not the first entrepreneurs to build a platform for freelancers and certainly won’t be the last. However, we believe we are the first ‘gig’ platform built for the mobile native demographic.
As creative freelancers ourselves, who are currently engulfed in the industry, we are very in touch with the needs and pain points of our users. Here are a few of our key differentiators:
We focus on in-person services for content creation in the music, film and commercial specialities, as well as guaranteed payments to our creatives before they even start a project.
Our pay out times are significantly shorter than other platforms, and our debit card program will allow instant payments with a significantly lower commission rate than our competitors.
TmrO has a ‘Book Instant’ feature, great for last minute gigs, that allows clients to search portfolios of creatives who are nearby and ready to work.
*The above information is based on internal research and management's experience.
The Vision
The new home base for creative freelancers and clients alike
In 3 years, we will be at the forefront of the US workforce. TmrO will be the platform that connects entrepreneurs, small businesses, managers, agencies, big companies, and the best creatives in their fields. We will be the mobile community that helps creative freelancers grow their confidence and their careers.
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OUR LEADERSHIP
We have deep experience both as creative freelancers and successful business owners
Founders, Don and Kayla, have worked as professional creative freelancers for over 15 years.
Don started out as a DJ and went on to build the biggest mixtape company in the US South and become VP of A&R Def Jam. He now runs Generation Now, the label behind the success of artists like Lil Uzi Vert and Jack Harlow.
Kayla started out as a songwriter signed to Epic Records and Warner Brothers Records and went on to sign a publishing deal with Warner Chapel, working as a professional songwriter for several years. She also started and led two online retail destinations for women's clothing and accessories, and was awarded a United States Design Patent for her product, The Leg Glove.
Don and Kayla saw the need for a platform that would help aspiring creatives like themselves to turn their creative skills into a career. The TmrO team is poised to lead the new wave of creative freelancing, providing creatives with the tools to build a successful career!
Why Invest
We are driving the freelance economy by empowering creatives and connecting them with greater opportunities!
More than one-third of the American workforce is freelance, amid the Covid-19 pandemic, contributing $1.2 trillion to the U.S. economy. At Tmro, we are giving our community an opportunity to be a part of this growing industry, as investors in the early stages of a promising tech startup.
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TmrO is founded by a team of seasoned and successful creative entrepreneurs dedicated to changing the way creative freelancers work, and grow their businesses and careers. We intend to become a driving force of the freelance economy, putting the power back in the hands of creators, providing them with guaranteed payments, faster payout times, and more opportunities with our ‘Book Instant’ feature.
When you invest in TmrO, you are investing in the future of freelancing, as well as a team of executors, who have already invested over 400k of our own money to bring a product that we truly believe in, to the public!
ABOUT
HEADQUARTERS
515 Means St.
Atlanta, GA 30318
WEBSITE
View Site
TmrO App by Flux Media, Inc. is an online platform that connects creative freelancers and clients, allowing for instant booking, faster payment and lower commission rates than its competitors.
TEAM
Kayla Shelton
Co-Founder & CEO
Donald Cannon
Co-Founder & CMO
TERMS
TmrO App
Overview
PRICE PER SHARE
$6
DEADLINE
Sep 14, 2021
VALUATION
$30M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$246
MAX INVESTMENT
$106,998
MIN NUMBER OF SHARES OFFERED
1,666
MAX NUMBER OF SHARES OFFERED
178,333
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.
Company Perks
Time-Based:
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 20% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive additional 15% bonus shares.
Early Bird Bonus
Invest within the first two weeks and receive an additional 10% bonus shares.
Amount-Based:
$500 | Silver Tier
Early Access to new TmrO features + TmrO Verified badge + Exclusive TmrO Merch*
$1,000 | Gold Tier
Early Access to new TmrO features + TmrO Verified badge + Exclusive TmrO Merch + Access To TmrO’s “Meet the Pro” Series via Virtual Campus.
$2,500 | Platinum Tier
Early Access to new TmrO features + TmrO Verified badge + Exclusive TmrO Merch + Shout Out on Don Cannon’s Instagram Story + Access To Tmro’s “Meet the Pro” Series via Virtual Campus.
$5,000 | Diamond Tier
5% Bonus Shares + Exclusive 15 Min Zoom Call With The Founders + Exclusive Access to TmrO’s Meet and Greet in a US City, as and when scheduled*. (*transportation and lodging not included) + All lower tier perks.
$10,000 | Elite Tier
10% Bonus Shares + Custom TmrO Engraved Ipad Pro + All lower tier non-bonus share perks.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
TmrO will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock shares at $6.00 / share, you will receive 110 shares, meaning you'll own 110 shares for $600. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
ALL UPDATES
REWARDS
JOIN THE DISCUSSION
0/2500
Kevin Hardman
3 years ago
The pitch indicates that the company earns revenue by charging a 5% commission fee on each project, but your financials state that the commission is actually 10%. Which is correct?
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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.
Manuel Lugo Recart
3 years ago
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