Clocr
Revolutionizing the $300B digital legacy industry with our all-in-one platform
Analytics
Raised to Date: $15,862
Aggregate Commitments $
Republic
02/22/2021
08/20/2021
$25,000
$250,000
$100
SAFE
RegCF
Pre-Seed
$8,000,000
15%
Weekly Commitments $
Active
02/24/2021
176
63%
6%
$7,931
26
Austin, Texas
Consumer Products, Goods & Services
Legaltech
B2B/B2C
Medium
Low
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 |
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