The Spendwith offering is now closed and is no longer accepting investments.


A culture based peer-2-peer shopping app

Small OPO
Atlanta, GA
Software & Services
Accepting International Investment
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A  shopping app for buying & selling, by culture.

Invest in Spendwith

Buy, sell, trade or offer services, all by culture.

Spendwith is a Social Impact company and App focused on increasing commerce within cultural groups and between cultural groups.

Spendwith provides a "peer-to-peer" technology that allows you to buy and sell items within your local Black, Latino, Asian, Muslim, Jewish, Veteran, and LGBT communities. Plus, find categories for Women owned business. You can also list services, or search for local service providers in your local cultural community.

• Snap a photo and list items for sale
• Browse local items by photo and category
• Find local service professionals
• Job postings, housing and more
• Message buyers and sellers through the app
• Make offers and deals

"Our app is better than other "peer-to-peer" shopping platforms like Craiglist, Facebook Marketplace, 5miles and Offerup, because it allows you directly patronize or market to local cultural communities.  A user can easily sell an item or service as an individual or a business.  Users can target their spending and feel good doing so."

- Jibril Sulaiman (CEO)

A Testimonial

I grew up within the Jewish community of Atlanta and I understand the importance of wanting to only donate/sell to other members of the community.

Currently, my parents are moving and cleaning out their house after 25 years. We have numerous religious items that need to be sold or donated, but would be deemed worthless by the surrounding Christian charities. Outside of the local synagogue and a email chain of about 1000 members, we have very few options. I think this app would be very helpful for members of my community.

-Malkah M.


364,963 Shares of Class B Non-Voting Common Stock

Price per Share: $1.37

Minimum Individual Investment: 74 Shares ($100.01)

Maximum Individual Investment: 364,963 Shares ($499,999.31)

When you invest you are betting the company’s future value will exceed $2.5M.

Additional Perks for Investing
(In addition to receiving shares)

$500 — A SHIRT!  Who doesn't love company swag?

$1000 — Your name will be listed on our website as an original
Spendwith investor and the company swag.

$5000 — A "vision call" with the founders.  Ask us anything and make your suggestions.  Help shape the vision of Spendwith.  (Yep, you get the shirt and original investor status too!)

Our Focus | Our Goal

Our focus is to provide technologies that will increase commerce within cultural communities.

Our goal is to reach 20 million users by 2022 and to be a conduit for cultural commerce worldwide.

App Screenshots

What makes our app different?

There is a demand from people to be able to target their spending in ways that allow to feel good and help the local community.  
This demand comes in the form of the "Buy Black", "Shop Latinix", "Support Women Businesses", "Support Veteran Businesses" movements and more.  Spendwith pairs these commerce rooted initiatives with smartphone technology. 

First to Market - The competition isn't thinking about culture based shopping.

Aggregate & Organize Data from existing FB groups and Directories

Incentives to organizations - FB Group Admins & other organizations can earn by referring

All cultural categories in one place.
Buy Black, Latinix, Women, Muslim, Jewish, Asian, Veteran & LGBT.

The Market and Industry

Significant Market Finding

Peer-to-peer payments/commerce, decentralized e-commerce, secondhand goods marketplaces.

Why We Are Raising Money

Marketing Push

Over the next 12 months, we will be investing approx.
$240,000 into several coordinated online and offline campaigns.
-Twitter, Facebook, Instagram and Google Adds
-Brands ambassadors at local flea markets and reaching out to religious organizations.

-Outreach to strategic organizations like the Chambers of Commerce (Black, Latin, Asian, LGBT)  
Women and Veteran Business Groups.

Working Capital

-Salaries to cover operations and future development
-Server fees
Misc. software subscriptions
Customer service

Future Funding Requirements

-Reserves for unforeseen marketing opportunities or fund
a more rapid growth in our working capital requirements. 

Our plan is to implement the mechanisms to generate revenue by Q2 of 2018
 Click here to view our Pro forma Projections


How big is the market?

We are in 3 main markets. Each one is big enough to support our growth.

  1. Peer-to-peer commerce/payments
  2. Second-hand goods and services
  3. Services Marketplace

$300 Billion*++  (Peer-2-Commerce + Second Hand Good & Services Marketplace)
Our app is also considered a "buy, sell, trade" shopping app.  It gives any user the ability to quickly sell a product or a service regardless if the user is an individual or business. Similar to Ebay, Craigslist, Offerup, Letgo and 5miles.

How will you make money?

  • We plan on white-labeling the platform to fleamarkets, discount malls, antique malls and thrift stores through a division of Spendwith called Mobile Marketplace Solutions.

Our app is a hyper-local.  That means you only see products or services within a certain radius of your location.

  1. We charge brands that want to be seen no matter the buyer's location. (National Boosted Posts)
  2. We charge users that list items or services locally but want to have preferred visibility by buyers. (Local Post Boosts).
  3. Our app allows a buyer to pay a seller directly through the app.  We charge a fee for this type of transaction. (10% Transaction Fees)
  4. We will provide a way for other advertisers to place ads in the app, in a way that does not disrupt the user experience. (Inline ads)
  5. Data - Municipalities and economic development sectors need accurate measurements of demographic based commerce.  

Who are your competitors? How are you different?

  • There are existing platforms that operate in the second-hand goods & services/peer-to-peer marketplace space.  Like Craigslist, FB Groups, Letgo, Offerup, 5 miles and Ebay. However, there is also a demand from people to be able to target their spending in a way that helps their community.  This demand comes in the form of the "Buy Black", "Shop Latinix", "Support Women Producers" movements and more.  Spendwith combined many different initiatives with the technology that it needs.

How do you acquire customers?

  1. Partnerships with Chambers of Commerce
  2. Referral incentives to Facebook Group Admins
  3. Organic referrals from individuals excited about being able to shop culturally
  4. Brand evangelists
  5. Targeted marketing through Facebook, Instagram, and Google

What's your biggest risk? What keeps you up at night?

What do you understand about your business that others don't get?

  • We believe you understand our business.  That's why we are turning to you as our investors.  We want our app to increase commerce within cultures and across cultures!!!!  We understand that there is a movement associated with economic empowerment, economic development and simply wanting to feel good in supporting a culturally affiliated seller/service provider. 


In the Press

Atlanta Startup Creates Shopping App to increase Spending within Cultural Groups
July 23, 2017

Feeling good about where you spend your money is an important, but often overlooked, factor in many people’s purchase decisions. By using the recently released and innovative new smartphone app Spendwith, people can make a positive social impact whenever they spend their money. How? The name of the app provides a hint. Spendwith, a social impact company and its peer-to-peer shopping app, empowers its users to choose from a variety of cultural groups when deciding what local demographic group to spend their money within.

Offering Summary


Up to 364,963 Shares of Class B Non-voting Common Stock, $1.37 per share

Offering Target Amount: 7,300 Shares of Class B Non Voting Common Stock ($10,001.00)

Offering Maximum Amount: 364,963 Shares of Class B Non Voting Common Stock ($499,999.31)

Minimum individual investment amount: 73 Shares ($100.01)

Maximum individual investment amount: 364,963 Shares ($499,999.31)

The following summary highlights selected information contained in the Offering Memorandum. This summary does not contain all of the information that may be important to you. You should read the more detailed information contained in the Offering Memorandum, including, but not limited to, the risk factors.

The Offering

Spendwith, Corp. (the “Company”) is offering up to one hundred thousand shares (364,963) shares of its Class B Non-Voting Common Stock on a “best efforts” basis.  The offering may continue until the earlier of October 29, 2017 (which date may be extended at our option) or the date when all the shares have been sold. The shares will be priced at $1.37 per share.

Our target offering amount is Ten Thousand Dollars ($10,001.00). We will accept investments in excess of the target amount. Specifically, if we reach the target offering amount of $10,001.00, we may conduct the first of multiple closings of the offering early if we provide notice about the new offering deadline at least five (5) business days prior to such new offering deadline (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment). Oversubscriptions will be allocated on a first come, first served basis.

In case of a material change in the offering, the investor must reconfirm the investment commitment. If an investor does not reconfirm their investment commitment after a material change, the investor's commitment will be cancelled and their funds returned.

Generally, the aggregate purchase price of the shares you buy in this offering may not exceed ten percent (10%) of your annual income or net worth. Different rules apply to accredited investors and non-natural persons. We encourage you to review Rule 227 of Regulation Crowdfunding before you make any representation that your intended investment does not exceed applicable thresholds. For general information on investing, we encourage you to refer to

General Terms of the Offering


Spendwith, Corp., a Delaware corporation.

Securities Being Offered

Class B Common Non-Voting stock, $0.01 par value per share.

Price Per Share

$1.37 per Share. 

Minimum Offering Amount

7,300 Shares for gross proceeds of $10,001.00.

Maximum Offering Amount

364,963 Shares for gross proceeds of $499,999.31.

Offering Period

The Offering will expire on October 29, 2017, unless earlier closed or terminated.

Eligible Investors

The Offering of Shares is open to international investors.


Proceeds of the sale of the Shares will be held by FundAmerica, as escrow agent, until such time as we have accepted subscriptions for the minimum offering amount of Shares. In the event we have not received proceeds from the sale of Shares for the minimum offering amount prior to the expiration of the Offering, no securities will be sold in the Offering, investment commitments will be canceled, and committed funds will be returned to Investors without deduction, interest or setoff. 

Voting Rights

Each Share will be non-voting.

IPO Conversion

In the event that we close on an initial public offering (“IPO”) of our stock, outstanding shares of the Non-voting Common Stock will be converted into shares of the class or series of stock offered and sold in such IPO, subject to the requirement that each holder first enter into a customary market stand-off agreement.

Regulation A Exchange

In the event that we conduct an offering under Regulation A of the same class of securities or an equivalent class of securities offered and sold in the Offering, Investors will be required to exchange the Non-voting Common Stock for the securities offered and sold under such Regulation A offering.

Transfer Restrictions

The Shares may not be transferred by any purchaser of such securities for the one-year period following the closing unless under certain circumstances. Please see “Ownership and Capital Structure; Rights of the Securities—Transferability of securities” in the Offering Memorandum.

Book Entry Shares

All Shares will be uncertificated and recorded in book-entry form on the books and records of ITFT, except as otherwise required by law. We expect to engage a registered transfer agent prior to the closing of the Offering, but may, in our sole discretion, decide to act as our own registrar and transfer agent in connection with the Offering. 

Dispute Resolution

The Subscription Agreement will be governed by the laws of the State of North Carolina. By signing the Subscription Agreement, each Investor submits to the exclusive jurisdiction of the federal or state courts located in North Carolina with respect to any suit, action or proceeding relating to the Offering.  

Redemption RIGHTS:

 The Company shall have the right to repurchase Shares at $1.65 per share within 34 months of the final closing of this Offering.

Closing and Termination of Offering

Until the minimum offering amount of Shares have been sold, all proceeds from the sale of Shares will be held by the escrow agent. After the minimum offering amount of Shares are sold and we determine, in our sole discretion, to conduct an initial closing of the Offering, we will provide notice about the new offering deadline at least five business days prior to the new offering deadline (absent a material change that would require an extension of the offering and reconfirmation of the investment commitment), after which time all amounts held by the escrow agent will be delivered to Spendwith, Corp. Thereafter, we may conduct additional closings until the final offering deadline up to the maximum offering amount. In the event we do not sell the minimum offering amount of Shares by the Offering Deadline, no securities will be sold in the Offering, investment commitments will be canceled, and committed funds will be returned. 

The Shares will be offered and closed only when a properly completed and signed Subscription Agreement is submitted by each Investor or his/her representative and is received and accepted by us. The Subscription Agreement as submitted by each Investor or his/her representative shall be binding once Spendwith, Corp. countersigns the Subscription Agreement. The Shares will be maintained in book-entry form, and notice of issuance of the Shares will be delivered to accepted Investors shortly after the applicable closing.

Investors may cancel an investment commitment until 48 hours prior to the offering deadline. If an investor does not cancel an investment commitment before the 48-hour period prior to the offering deadline, the funds will be released to the issuer upon closing of the offering and the investor will receive securities in exchange for their investment.

Spendwith, Corp.

Corporate Address
859 Spring ST NW Atlanta, GA 30308

Description of Business
A social impact technology company that provides an app for cultural shopping. 

Type of Security Offered
Class B Non-voting Common Stock
Purchase Price of Security Offered

Minimum Investment Amount (per investor) 

Additional Perks 

$500 — A SHIRT!  Who doesn't love company swag?

$1000 — Your name will be listed on our website as an original
Spendwith investor and the company swag.

$5000 — A "vision call" with the founders.  Ask us anything and make your suggestions.  Help shape the vision of Spendwith.  (Yep, you get the shirt and original investor status too!)

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 and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$0.00 USD
$0.00 USD


A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


UPDATE: Download Spendwith 3.0 Now!

5 days ago

Spendwith 3.0 is now live!!!

The new app gives users the ability crowdsource any culture-related shopping links into the app. We do this by allowing users to bookmark commerce related posts from other social media platforms and save these posts to shopping lists to keep safe or share. We display the posts in a browsable format, thus giving others access to a large selection of products and services. All highlighted by culture or demographic identity and curated by the crowd.

With your help, we can now connect the brands and businesses started by Asian-American, Black, Latino, LGBT, Muslim, Jewish, Veteran, and Women owners, with everyday consumers. With more to come!



1. Save posts from social media directly to Spendwith. Categorize your posts into shopping lists to keep safe or to share.

2. Upload new posts of online and offline brands.

3. Browse products and services based on cultural or demographic identity. All sourced from users across the country.

4. Chat with and follow other users.5. Filter posts by category, location, culture, demographics, price and more.

Save commerce related posts from social media into shopping lists to keep safe or share. Other users can then browse saved posts and create their own shopping lists or buy products and services associated with the posts. 

Spendwith Update 1-25-18 -- New Video

about 2 months ago

Hello all!  Spendwith 3.0 is almost ready for beta testing. If you'd like to help us test the new app then sign up as a tester using this link.

New Video

Here's a new video about Spendwith for the Ascend 2020 ATL pre-accelerator program.  Post your comments on Youtube!!!


Spendwith Update Video 1-9-18

2 months ago

In this video we cover:

1. App Styling Updates
2. Multiple Post Types
3. Ability to group Posts
4. Post Importing from Facebook, Twitter, Pinterest and Instagram
5. New Tagline added to shirts and Marketing materials.
6. Acceptance into Ascend2020ATL
7. Application for the Village Capital Pathways Program
8. Application for admission as an ATDC Portfolio Company
9. Application for the Atlanta Tech Village Diversity & Inclusion Scholarship
10.  Spendwith 3.0 App beta testers wanted.

Spendwith Founder Jibril Sulaiman on the Money & Power Morning Show

2 months ago


3 months ago

SPENDWITH UPDATE! Watch the video to find out what we've been doing since raising nearly $50k in October. Get ready for Spendwith 3.0 coming in the New Year.

A fantastic finish to Spendwith's first investment round.

5 months ago

A fantastic finish to Spendwith's first investment round!!!

Spendwith's investment round is now closed Sunday night. 215 investors believed in Spendwith and invested a total of $47,363.56.  I'd like to thank the investors around the country for believing in our vision, platform, and team. I'd like to especially thank those "believers" from my hometown of Pensacola, who accounted for nearly half of the investors in this round.  I'm thankful to know I left a positive mark during my 15 years of entrepreneurship in the area.

Stay tuned for updates about our progress, traction, product development and more. Enter your info here to be updated when a new investment round is opened.  We will also begin sending investor only communications as soon Startengine has cleared all amounts in 10 days. 

Spendwith's mission is to empower people to organize cultural shopping in one place.  Download the app and start posting about your favorite, culturally relevant, online and offline shopping destinations, businesses and more, so others can discover these destinations as well!!!!!


-Jibril Sulaiman


Spendwith, Corp

We were WRONG. Investments are still OPEN.

5 months ago

So we assumed our investment round closed at 12:00 AM this morning. We wrong!!!  Startengine changed the daily countdown to an hourly countdown early this morning.  As of this update, there are 13 hours left for any of your friends or family to invest the $100.01 minimum for shares in the cultural shopping startup Spendwith!!!!  Https://