Rocket Dollar on Republic

Self-directed retirement accounts

Raise to date: $474,682

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

12/30/2019

Stop Date

03/28/2020

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

1,852

% of Minimum Raised

1,899%

% of Maximum Raised

44%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$5,334

DPD* Category

$0

DPD* All Companies

$984

Kingscrowd Momentum

$474,682

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Rocket Dollar, with a valuation cap of $20 million, is raising funds on Republic. The company has created a process and platform that allows users to create a self-directed retirement account. Rocket Dollar helps users to open an account, add funds, and invest in all permissible assets, without any penalties for early withdrawal. Currently, Rocket Dollar offers two types of accounts: the Self-Directed Solo 401(k) and the Self-Directed IRA. The company was founded by Henry Yoshida and Thomas Young in February 2018 and has raised more than $3.5 million since its inception. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $1,070,000. Rocket Dollar has already grown its user base to 800 and more than $80 million in assets have been contributed to the platform.

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