RUF Technology
Early Stage
Interconnected Smart Home Platform.
Overview
Raised: $750
Total Commitments ($USD)
Platform
truCrowd
Start Date
04/16/2019
Close Date
09/15/2019
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$6,200,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/14/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$5
# of Investors
3
Momentum
Not Funded
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Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Fullerton, California
RUF Technology, an interconnected smart home platform, is raising funds on TruCrowd. The company has a pre-money valuation of $6.2 million and has manufactured a complete range of interconnected devices for homes. RUF Technology uses a single fully-integrated IoT infrastructure so that the devices are controlled by the RUF app and managed on the backend platform. The app is user-friendly and uses voice commands to control all the interconnected devices. RUF Technology was founded by Jeff Chen and seeks to raise a minimum of $10,000 and a maximum of $1,070,000 through the crowdfunding round. RUF Technology has achieved a strategic advantage by signing an exclusivity agreement with LORA for using the LORA IoT platform and LORA chips.
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