kulaBrands on TruCrowd

Own part of the kula movement

Raise to date: $142,274

Reporting Date: 05/03/2020

Key Stats

Minimum Raise

$40,014

Maximum Raise

$534,974

Likelihood of Max Unlikely
Start Date

08/05/2019

Stop Date

05/01/2020

Days Remaining

Closed

Security Type

Common Stock

Investment Minimum

$228

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

208

% of Minimum Raised

356%

% of Maximum Raised

27%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$527

DPD* Category

$0

DPD* All Companies

$906

Kingscrowd Momentum

$142,274

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

kulaBrands, a company with a community-based business model, is raising funds on TruCrowd. The company has a pre-money valuation of $28.1 million and supports entrepreneurs by providing them with ready-made funding, sales, and branding. The community members of kulaBrands vote on projects and decide which one they would like to fund. Pursuant to the determination of projects, the community members work on providing the three basic elements for the projects. kulaBrands was founded by Peter Gantner and Yaan Gulledge. The current round of crowdfunding has a minimum target of $40,000 and a maximum target of $535,000, and the proceeds will be used for research & development, sales and marketing, operations, and software. Presently, the kulaBrands community backs 42 brands and has a 100% track-record with reward-based crowdfunding. The company has already raised more than $2 million for its 40 projects.

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