Caribu on Wefunder

Read and draw together in a video-call!

Raise to date: $1,070,000

Reporting Date: 09/30/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,000,000

Likelihood of Max Exceeded
Start Date

06/20/2019

Stop Date

09/16/2019

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$500

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

2,074

% of Minimum Raised

2,140%

% of Maximum Raised

107%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$12,159

DPD* Category

$0

DPD* All Companies

$1,300

Kingscrowd Momentum

$1,070,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Caribu, with a valuation cap of $5 million, is raising crowdfunding on WeFunder. The Caribu platform allows parents and grandparents to read and draw along with their children through video calls. The technology of Caribu aims towards reducing the boredom of video calls and making them interactive and fun, even when the parents and kids are not at the same location. Caribu was founded by Maxeme Tuchman and Alvaro Sabido in 2016 and has raised about $1.3 million in previous rounds of funding. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $1,000,000 and is expected to launch on June 21, 2019. The proceeds will be used to hire a VP of Growth Marketing and for marketing. Caribu already has more than 50,000 users in over 160 countries who spent 250,000 minutes on Caribu last year.

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