Soar Robotics on Republic

Cloud-connected robotic intelligence platform for drones

Raise to date: $1,070,000

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Exceeded
Start Date

09/05/2019

Stop Date

03/10/2020

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

4,468

% of Minimum Raised

4,280%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$5,722

DPD* Category

$0

DPD* All Companies

$1,121

Kingscrowd Momentum

$1,070,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Soar Robotics, with a valuation cap of $7 million, is raising funds on Republic. The company produces autonomous aerial vehicles or drones with the use of cloud-based artificial intelligence. The drones, thus, become smart and connected and can automate the work of humans in industries. Soar Robotics was founded by Kerem Ozkan and Deniz Kalaslioglu in July 2019. The current crowdfunding round of Soar Robotics has a minimum raise of $25,000 and a maximum raise of $1,070,000, and the funds will be used to build multi-agent systems. Soar Robotics has already secured deals with security and renewable energy companies and has delivered more than 10,000 hours of autonomous flights and more than 50,000 successful precision landings.

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