The Way Out Overview
- Year Founded
-
2019
- Status
-
Out of Business
- Employees
-
9
- Latest Deal Type
-
Out of Business
The Way Out General Information
Description
Developer of an employment software platform intended to break the cycle of incarceration. The company aims to align employers with qualified justice-involved job seekers through its employment platform and self-learning mobile app, providing users with additional services and technologies to help them integrate into their new roles successfully.
Contact Information
Website
www.thewayouthelps.comCorporate Office
- 301 South Bedford Street
- Suite 1
- Madison, WI 53703
- United States
Corporate Office
- 301 South Bedford Street
- Suite 1
- Madison, WI 53703
- United States
The Way Out Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Out of Business | 07-Mar-2026 | Completed | Out of Business | |||
| 5. Later Stage VC | 21-Jan-2025 | Completed | Generating Revenue | |||
| 4. Seed Round | 14-Dec-2022 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 14-Jul-2022 | Completed | Startup | |||
| 2. Grant | 01-Jan-2022 | $100K | Completed | Startup | ||
| 1. Accelerator/Incubator | 01-Jan-2020 | Completed | Startup |
The Way Out Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
The Way Out Comparisons
Industry
Financing
Details
The Way Out Competitors (3)
One of The Way Out’s 3 competitors is RiseKit, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| RiseKit | Venture Capital-Backed | Chicago, IL | ||||
| Untapped Solutions | Venture Capital-Backed | New York, NY | ||||
| Honest Jobs | Formerly VC-backed | Austin, TX |
The Way Out Patents
The Way Out Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2021902072-A0 | Wayout application | Inactive | 07-Jul-2021 |
The Way Out Signals
The Way Out FAQs
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When was The Way Out founded?
The Way Out was founded in 2019.
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Where is The Way Out headquartered?
The Way Out is headquartered in Madison, WI.
-
What is the size of The Way Out?
The Way Out has 9 total employees.
-
What industry is The Way Out in?
The Way Out’s primary industry is Human Capital Services.
-
Is The Way Out a private or public company?
The Way Out is a Private company.
-
What is The Way Out’s current revenue?
The current revenue for The Way Out is .
-
How much funding has The Way Out raised over time?
The Way Out has raised $801K.
-
Who are The Way Out’s competitors?
RiseKit, Untapped Solutions, and Honest Jobs are competitors of The Way Out.
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