Kangaroo on Republic

Smart home security for everyone

Raise to date: $3,675

Reporting Date: 05/31/2020

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SEC Filing Data from Kingscrowd

Kangaroo, with a valuation cap of $80 million, is raising crowdfunding on Republic. The company provides a hub less cloud-based home security to everyone. The security system is affordable, simple, and focused on the privacy of the users. The company also offers professionally-monitored service at $10  per month. The current products of Kangaroo include The Privacy Camera and Photo Doorbell. Kangaroo was founded by Maximum Yaney, Dhruv Garg, James Xu, and Victor Meng in February 2018 and has raised over $18 million since its founding. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used to launch the products in mass volume, increase brand recognition, mature insurance distribution, and develop more products. Kangaroo has more than 20,000 users and is targeting 83% of homes in the US.

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