PoliticalBank on Microventures

Where candidates can fundraise, rally support, & communicate their stance.


Key Stats

Minimum Raise

$25,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

05/16/2019

Stop Date

07/22/2019

Days Remaining

19999895

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Disappeared

# of Investors

Not Known

% of Minimum Raised

N/A

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

N/A

DPD* Committed

N/A

DPD* Category

$662

DPD* All Companies

$1,085

Kingscrowd Momentum

$0

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

PoliticalBank, with a valuation cap of $4 million, is raising funds on MicroVentures. The platform of PoliticalBank allows political candidates to engage with their constituents and automates their campaign process. PoliticalBank can be used by the candidates to fundraise, rally support, and communicate their opinion. The users can subscribe and receive updates on campaigns or volunteer for them. PoliticalBank was founded by Adam H. Berry, Frank Short, and Jeff Mitchell and has raised about $900,000 in previous rounds of funding. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000 and the proceeds will be used to market the website and products, to support the development of technology, and to repay debt. PoliticalBank has managed to generate about $212,000 in revenues in 2018 and has provided services to 190 candidates.

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