Clocr

Revolutionizing the $300B digital legacy industry with our all-in-one platform

Analytics

Raised to Date: $250,000

Deal Info
Investment Momentum
Company Profile
Excerpt
Financials

Aggregate Commitments $

Platform

Republic

Start Date

02/22/2021

Close Date

08/20/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

15%

Rolling Commitments $

Status

Active

Reporting Date

06/09/2021

Days Remaining

% of Min. Goal

1,000%

% of Max. Goal

100%

Likelihood of Max
exceeded

Avg. Daily Raise

$2,336

# of Investors

763

Momentum

Logos provided by Clearbit

Location

Austin, Texas

Industry

Consumer Products, Goods & Services

Tech Sector

Legaltech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

SEC Filing

Company Website

Clocr, with a valuation cap of $8 million, is raising funds on Republic. It is a digital legacy planning platform that allows individuals to create wills for their online accounts, manage their beneficiaries, and stay connected with their loved ones. The platform is legally-compliant, secure, and easy to use. Sree Chintala and Apoorva Chintala founded Clocr in November 2018. The current crowdfunding campaign has a minimum goal of $25,000 and a maximum goal of $250,000, and the proceeds will be used to add new service lines, enhance the product offerings, get the security certification, and grow the team. Clocr has three pending patents and has been featured in Forbes, Entrepreneur, and Techconnect.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$1,049	$97
COGS	$0	$0
Tax	$745	$0


Net Income	$2,804	$37

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$4,336	$787
Accounts Receivable	$0	$0
Total Assets	$4,336	$787
Short-Term Debt	$1,245	$500
Long-Term Debt	$0	$0
Total Liabilities	$1,245	$500

Pay Monthly

Annually (Save 17%)

: $8.33 /month
billed annually; Free portfolio tracking. Limited reports and filters.; Plan Includes:; Everything in Free, plus; Advanced company search ( limited filters); Founder profiles and exclusive webinars; 2 Analyst Reports per month; Get Starter Annual Get Starter Monthly

: $25 /month
billed annually; Unlimited analyst reports and market analytics.; Plan Includes:; Everything in Starter, plus; Full access to all Analyst Reports; Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.); Market Analytics; Get Pro Annual Get Pro Monthly

: $41.67 /month
billed annually; Full site access including Merlin ratings.; Plan Includes:; Everything in Pro, plus; Search and filter companies by Merlin ratings; Company specific Merlin rating and risk assessment; Get Merlin Annual Get Merlin Monthly