Hive on Republic

The global community for entrepreneurs

Raise to date: $214,794

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

12/09/2019

Stop Date

03/09/2020

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

586

% of Minimum Raised

859%

% of Maximum Raised

20%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$2,360

DPD* Category

$0

DPD* All Companies

$1,170

Kingscrowd Momentum

$214,794

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Hive, the global community for entrepreneurs with a valuation cap of $10 million, is raising funds on Republic. The Hive platform connects entrepreneurs for business and personal growth through the digital social network. The platform allows the entrepreneurs and investors to meet in person at dinners and events and support one another in their work. Hive was founded by Ryan Allis in February 2017 and has raised over $1.6 million since its inception. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the proceeds will be used to expand the global community and to create new ways to connect. Hive already has 3,200 paying customers in 130 countries. The company is at a revenue run-rate of $3.5 million per year, with over $7 million in lifetime revenues.

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