Ember Fund on Republic

Invest like a cryptocurrency hedge fund with only $300

Raise to date: $381,961

Reporting Date: 01/22/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

11/04/2019

Stop Date

03/30/2020

Days Remaining

65

Security Type

SAFE

Investment Minimum

$100

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

1,128

% of Minimum Raised

1,528%

% of Maximum Raised

36%

Dollars Per Day to Reach Max

$10,585

DPD* Committed

$4,835

DPD* Category

$0

DPD* All Companies

$1,113

Kingscrowd Momentum

$381,961

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Ember Fund, with a valuation cap of $5 million, is raising funds on Republic. The Ember Fund application allows individuals to invest in a managed cryptocurrency hedge fund portfolio. The global app helps users to invest easily and securely, with as little as $100. The users do not need to trust a third party and can follow experts for investment advice. Ember Fund was founded in July 2019 by Alex Wang, Guillaume Torche, and Mario Lazaro. The proceeds of the current round of crowdfunding, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used to scale the business to over $1 million run rate. Ember Fund has already reported more than $10 million in transaction volume, with average revenue of $150 per user per year with $50 CPA.

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