Gravatate on Wefunder

Gravatate is a chat and virtual workspace solution for the new economy.

Raise to date: $10,500

Reporting Date: 12/04/2019

Key Stats

Minimum Raise

$70,000

Maximum Raise

$175,000

Likelihood of Max Unlikely
Start Date

10/09/2019

Stop Date

01/17/2020

Days Remaining

42

Security Type

SAFE

Investment Minimum

$750

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

7

% of Minimum Raised

15%

% of Maximum Raised

6%

Dollars Per Day to Reach Max

$3,917

DPD* Committed

$188

DPD* Category

$0

DPD* All Companies

$1,428

Kingscrowd Momentum

$10,500

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Gravatate, a virtual workplace solution with a valuation cap of $4.5 million, is raising funds on WeFunder. The platform of Gravatate allows business professionals to streamline their communication and enhance the collaboration experience. It helps business owners to connect and communicate with their team, clients, and vendors in a simple and affordable manner. Gravatate was founded by Javier Castro in 2014 and has raised over $700,000 since its inception. The current round of crowdfunding has a minimum goal of $70,000 and a maximum goal of $175,000, and the proceeds will be used for software development, marketing, leadership team salary payment, and legal and accounting expenses. Gravatate reported a 196% user growth, 33% increase in workspaces, 65 times increase in shared media, and 12 times increase in shared events in a year from 2018 to 2019.

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