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madeBOS isn't accepting new investments

madeBOS’s deadline was July 10, 2017

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madeBOS

Your smart career development assistant
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$126,097
Total raised in 2 campaigns
384
Investors in 2 campaigns
Successfully funded and closed on July 10, 2017.
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by madeBOS, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
madeBOS Crowd SAFE
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Hear from some of the 291 investors in madeBOS


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Careers in the retail sector are a mess.

Most millennials working in retail are dissatisfied with their careers and are confused about growth opportunities.

There are 15 million people employed in US retail.

Employees in retail feel it takes too long to grow, want to get promoted faster, and are starving for career development opportunities.

Most career development tools today are not effective:

  1. “One size fits all” model
    There is no one-size-fits-all development program that works for all people. In fact, there is very little evidence on what works and what doesn't.
  2. Not available to use outside of the workplace
    Retail is 68% predominantly millennial smartphone users that wish to have more say from their mobile devices.
  3. Are employer driven, focused on tracking and regulations
    Existing Training and Development processes and systems are not about employee growth but rather about compliance and about tracking employee activity to meet regulations.

It’s cheaper for Retailers to invest in existing employees than to find new ones.

  • 66% of employers that are hiring have open positions for which they say they cannot find qualified candidates.
  • It costs companies $3,328 to find, hire and train a replacement for a $10/hour retail employee. That’s way over 2M incurred cost per year for a 1,000 employee count retailer.

  • The national average cost incurred on extended job vacancies is almost a $1M.


With madeBOS, employees bridge the requirement gap to get the job or promotion

madeBOS empowers employees to proactively manage their career development by:

  • Showing real career opportunities available

  • Creating an individualized plan to reach these opportunities

  • Exposing development plan and activity with mentors and other company influencers

madeBOS adds transparency to the career development process and makes each user accountable to their own progress.

  • madeBOS replaces and automates the Individual Development Plan process.

  • Employees do not have to wait for their managers to deliver scheduled reviews that could take months to a year.

  • Employees work daily towards their growth plan progress.   

madeBOS helps managers make right decisions by giving them access to insights on employees progression.

  • Our software facilitates transparent and effective hiring and promotion decisions and allows candidates to access objective and immediate feedback if they were not selected.

  • Employees join the company’s talent pool for their top career selection triggering leadership and other influencers that could support them through the process.


How it Works

For the Employee:

Naomi, a cashier at Walmart, is currently pursuing her BA and unaware of long-term company career opportunities.

In 4 simple steps, Naomi creates her career development plan.


Naomi’s HR manager:

  1. Sees Naomi’s (and other employees’) personal career plans and progression activity

  2. Better allocates learning & development resources

  3. Makes objective and strategic talent investments

Traction

The madeBOS “formula” is based on 10+ years of experience giving people individualized plans to grow and develop professionally. Below are some recent stories of those who attest the formula has proven to work.

“I couldn't understand why after receiving my master’s degree I spent over 6 months unemployed failing close to a dozen interviews. madeBOS inspired self-confidence and incited a drive to accomplish what I hadn't thought I could, it gave me a tangible plan that I was easily able to follow – and it worked!”

"I was in a role where I was not utilizing my natural strengths and abilities. madeBOS recognized this and realigned my focus to a role that would allow me to use my talents. It showed me what I was capable of and gave me a plan to get there.”


"As a manager I was pretty content. However, madeBOS showed me I was capable of more and put a plan in place to earn my Bachelor’s Degree! In addition to my education plan, I was able to learn more about myself and what I did really well in my career and be able to focus on those strengths immediately."

"But more than that, it helped me build a pathway to my goals and ultimately success. The madeBOS formula sets plans and drives users to execute them step by step effectively. “


People Operations Executives at companies like Abra, Mi Pueblo, and The Save Mart Companies are excited about the upcoming madeBOS app.

“madeBOS is creating user driven career paths to alleviate the confusion for people seeking advancement”
–Angela Mills-Dixon, SPHR, SHRM-SCP, Executive Director, HR, The Save Mart Companies

Developing and retaining talent is consistently one of the top three concerns of CEO's, yet many organizations haven't solved for the challenge yet. madeBOS comes to the rescue with a powerful solution to engage your employees in the process, empower your organization to meet their needs and leverage the latest science and technology to make development simple and effective."
–Daniel Sonsino, Founder, Guia Consulting, madeBOS Advisor

"I am encouraged with the forward thinking of madeBOS, and how it aligns with ABRA’s Corporate immediate goal of becoming the Employer of choice.The concept of customizing this product, with our specific needs further piques our interest. We are establishing a focus group, to dial in on our priorities of how this product could best serve our needs, and look forward to more interaction toward our partnership with madeBOS."
–Greg Peeters, Regional VP at ABRA Auto Body & Glass


Business model

madeBOS will draw revenue from two sources:

Business users:

Individual users:

Downloading the app for the general public is free, however, unlocking next level of app usability charges the independent user a small $2.99 annual fee.


Market

Initially our plan is to focus on retailers pained by turnover and are value aligned, however, other major industries such as hospitality, service, manufacturing, claim they also suffer a talent gap and face significant turnover issues.

Competition

*Employers pay, on average $10 per employee, per year on Learning and Development Systems.
**madeBOS adds several solution layers and still presents a 20% savings.


Our biggest differentiators

  • We are mobile

  • We provide flexible, actionable and attainable plans

  • We integrate external resources in the plan

  • We act independently but collaboratively with Talent Management and Learning and Development Systems

  • We meet employees where they are at in their development process

Major Competitor Flaws

  • Web-employer site based

  • Focus on internal learning resources limiting potential employee creativity regarding their growth

  • Provide one-size-fits-all solutions or resources that are not user driven or user adaptive

  • Honor traditional tactics where managers access information through the software solution but they have to deliver and collect data manually, opening for subjectivity to take part in the process.

Growth strategies

  1. Direct sales to companies

  2. Strategic partnerships with:

    1. Job aggregators and social recruiting platforms

    2. Talent acquisition and talent management platforms

    3. Learning and development solutions

    4. Educational Institutions

  3. Word of mouth

Use of funds

We are raising to hire the right people to develop the technology behind the madeBOS app. We need to hire key talent in development and engineering. People are our greatest asset, and as such we are looking to create an environment that will attract the best talent.


Timeline

madeBOS product v.1 is under development coming in September 2017.


Team and Story


My name is Martha Hernandez and I love helping people reach their full potential. 

I began my career supporting underrepresented students acquire the necessary skills to attend college. Later I found that getting teenagers into college was only part of the equation. I learned that ½ of recent college graduates take jobs that do not require a college degree and at the same time, employers are starved for qualified talent.

As a Talent Acquisition executive with over 10 years of experience, I learned that the talent gap problem is too big to fix one company at a time and thus decided to build a scalable, global solution. 

I am excited about combining my experience in sales, talent strategy, selection methodology, technical product sourcing, business requirements understanding, systems integration, implementation and compliance plus what I love most, selecting, developing and managing highly effective teams.

Growing up I struggled to navigate Oakland public schools. I made it to and through Occidental College thanks to the TRIO program, Upward Bound, completed the Mills College Institute for Civic Leadership Program, graduated from prestigious leadership development programs such as Coro Fellow Program in Public Affairs and ML4T (Management Leadership for Tomorrow) even though all odds were against me. 

I didn’t even speak English but when my mentor, Romeo Garcia said to me, “if you stick to the plan, you will have a career”, I understood and believed him. 

It took one mentor to believe in me and show me whom I could become. Since then, every day I make sure to stick to the plan.

Our team

Like me, the madeBOS team members and advisors also have amazing stories to tell and can relate to our target demographic. Together, we are experts in software and mobile development, talent management, talent engagement, business strategy, workforce development, operations, finance, development, marketing and analytics. 

Our advisors

Our advisors are supporting madeBOS because they understand the problem enterprises face and because they believe that our solution can position us to be the first to actually solve the growing talent challenges.


Join us

We are thrilled about madeBOS’ impact in people’s prosperity. With your investment, today we can all pay it forward and give people around the world the chance to live a more fulfilling and financially sustainable life. Thanks to industry experts such as the madeBOS team and advisors we are positioned to compete in this market.

Bet bold for opportunity and Invest in madeBOS! Thank you.

Deal terms


Valuation cap

$2,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for madeBOS occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$50

The smallest investment amount that madeBOS is accepting.
Learn more

Funding goal

$500K

madeBOS must achieve its minimum goal of $40K before the deadline. The maximum amount the offering can raise is $500K.
Learn more

Deadline
madeBOS needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by madeBOS, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
madeBOS Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in madeBOS.
Invest
$50
Receive
  • Our heartfelt gratitude for your support plus special thank you on our website listing you as a supporter. We'll also keep you updated on our progress as we launch madeBOS to market.
Invest
$150
Receive
  • Get access to beta prototype, plus the perk listed above.
Invest
$250
Receive
  • Exclusive updates on prototype findings and next steps with app development, plus all the other perks listed above.
Invest
$500
Receive
  • Be the first to try out the app and give us your suggestions, plus all the other perks listed before.
Invest
$1,000
Receive
  • Exclusive invitation to madeBOS’s first Career Development webinar, plus all the other perks listed before.
Invest
$5,000
Receive
  • Exclusive webinar invitation to learn more about the madeBOS formula from the founder herself, plus all the other perks listed above.
Invest
$10,000
Receive
  • Exclusive invitation to meet madeBOS’ founder and learn the ten key madeBOS formula secrets on Career Development. We will also prominently feature you on our website’s sponsor page, plus all the other perks listed before.
Invest
$25,000
Receive
  • Receive 50% off the madeBOS Enterprise Solution annual fee for one year and special invitation to join the company advisory board, plus all the other perks listed before.
Invest
$50,000
Receive
  • Receive 50% off the madeBOS Enterprise Solution annual fee for three years, plus all the other perks listed before.

Endorsed by

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Latino Startup Alliance

Empowering the next generation of Latinx startups and innovators
1009 members
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About madeBOS

Legal Name
madeBOS, Inc
Founded
Jul 2016
Form
Delaware Corporation
Employees
0
Website
madebos.com
Social Media
Headquarters
Google Map location of of madeBOS
2481 60th Ave , Oakland, CA
Headquarters
2481 60th Ave, Oakland, CA, United States 94605

madeBOS Team
Everyone helping build madeBOS, not limited to employees

Profile picture of Martha Hernandez
Martha Hernandez
Founder and CEO
Featured in Superheroes · Read
Expert in Talent Acquisition & Management and Leadership Development. Prior experience includes Coro, Give Something Back, Mi Pueblo Food Centers, Inner City Advisors, Save Mart Supermarkets and several startups in the Bay Area.
Profile picture of Antonio  Altamirano
Antonio Altamirano
Chief Technology Officer
Expert executing digital transformations. Prior experience includes Accenture, Sun Microsystems and Silicon Valley startups. Clients include Intuit, Intel, Google, Yahoo! and several startups in Silicon Valley.
Profile picture of Estefania Ortiz
Estefania Ortiz
Engineering Lead
Entrepreneur, Developer, Educator. Past companies include Facebook, Good Eggs, Microsoft. Estefania also founded two startups; Greo and Dina.
Profile picture of Meg Hall
Meg Hall
Marketing Lead
Previous startup founder backed by San Diego's incubator EvoNexus. Currently pursuing an MBA at St Mary’s in Moraga, CA.
Profile picture of Angela  Mills-Dixon
Angela Mills-Dixon
Advisor
Executive Director, Human Resources at Save Mart Supermarkets
Profile picture of Daniel Sonsino
Daniel Sonsino
Advisor
Human Resources Executive and Founder, Guia Consulting
Profile picture of Jesse Martinez
Jesse Martinez
Advisor
Early Stage Startup Evangelist, Advisor, Investor, Philanthropist
Profile picture of Michelle Peralta
Michelle Peralta
Advisor
Director, Early Stage Silicon Valley Bank
Profile picture of Nicholas  Almeida
Nicholas Almeida
Advisor
Philanthropy & Impact Investing
Profile picture of Perla Rodriguez
Perla Rodriguez
Advisor
Chief Executive Officer, Voler Strategic Advisors
Profile picture of Samuel  Ulloa
Samuel Ulloa
Advisor
Co-Founder & Board Member at Listo, Inc.
Profile picture of Will Salcido
Will Salcido
Advisor
Co-Founder, Chairman, CEO, Bedrock Analytics, Inc.
9 more team members
Martha Hernandez
Founder and CEO
Antonio Altamirano
Chief Technology Officer
Estefania Ortiz
Engineering Lead
Meg Hall
Marketing Lead
Angela Mills-Dixon
Advisor
Daniel Sonsino
Advisor
Jesse Martinez
Advisor
Michelle Peralta
Advisor
Nicholas Almeida
Advisor
Perla Rodriguez
Advisor
Samuel Ulloa
Advisor
Will Salcido
Advisor

Press

Martha Hernandez Visionary Behind madeBOS
Modernlatina Modernlatina
·
Jul 6, 2017

by Linda Castillo At the 2017 Silicon Valley Latino Leadership Summit, I had the opportunity to meet Martha Hernandez, wh...

What Inspires Entrepreneurs Who Use Tech To Promote Equal...
Moguldom Moguldom
·
May 19, 2017

For Latinx working in retail, being stuck in a low-paying job without much opportunity for promotion is pretty much the n...

Redefining Cinco de Mayo in New Trump Era - Hispanicize W...
Hispanicize Wire - Hispanic Press Release Distribution Wire Service
·
May 8, 2017

OAKLAND, CA - May 8, 2017 - (HISPANICIZE WIRE) - In a new Trump era, Cinco de Mayo is beginning to take on a new signific...

Redefining Cinco de Mayo in New Trump Era
Prnewswire Prnewswire
·
May 5, 2017

"Cinco de Mayo needs to be day of action and investment in our community. I am excited to give my friends, family, and co...

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madeBOS

madeBOS successfully raised $86,522 from 291 investors on July 10, 2017
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