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Technology

BYP Network

Status: Active

Jul 7th 2020 - Aug 16th 2020

11 days left

Black Young Professionals (BYP) Network is a company that empowers black professionals around the world to solve the problems they face through economic empowerment and connectivity. The company has grown from side hustle to a 6-figure revenue-generating company with over 40,000 members. BYP allows both members and corporate partners to avail a variety of offerings including webinars/events, blogs, newsletters, podcasts, a social networking app, and job board alerts. The company has about 60 corporate partners including Accenture, Facebook and Soho House. It has featured in publications including BBC, Roc Nation, and Forbes. BYP Network has won the Maserati Top 100 Most Innovative Companies and a place on The Mayor of London’s International Business Programme and London Stock Exchange Elite Program. The company will use the investment to have a user base of over 500,000 black professionals with 2% on its premium model in the next 18 months through marketing, scale its leadership, sales, and content teams, and improve its current technology platform to make it more intuitive. 

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BYP Network Rating Review

Rated on 17/07/2020

Pitch Rated

45%

Insufficient Data

Management

63%

Product

72%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 63%

Skills 55%
BYP Network is led by experienced founders who brought together a passion for creating the UK's largest network for young black professionals. The CEO is skilled in Financial Accounting, Managerial Accounting, Organisational Behaviour, Operational Management, Investment Banking, Financial Markets, and Global Strategic Management. She is a Forbes 30 under 30, Maserati 100 innovators, Top 100 UK BAME Leaders in Tech, and a World Economic Forum Global Shaper. She is also an ex-Great Britain javelin thrower and a three-time British University Championships medalist. The Co-Founder/Head of Partnerships has developed a versatile skill-set which includes Lead Generation, Commercial Strategy, B2B Sales, Business Development, Project Management, Blog Writing, B2C User Acquisition, Customer Development, User Engagement, and Product Management.

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  • £601,177
    pledged
  • 120%
    of goal

    £500,000
    target

    £8,008,412
    pre-money valuation

    5.88%
    equity available

    1,054
    investors

    £570
    pledge per investor

    10440856
    company number

    Active
    company status

    21/10/2016
    incorporated 4 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    07 Jul 20 Seedrs £601,177 / 120% 45.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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