Soar Robotics
Early Stage
Cloud-connected robotic intelligence platform for drones
Overview
Raised: $1,070,000
Total Commitments ($USD)
Platform
Republic
Start Date
09/04/2019
Close Date
03/10/2020
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$7,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$5,722
# of Investors
4,468
Momentum
Funded
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Year Founded
2019
Industry
Industrial Services
Tech Sector
AutomationTech
Distribution Model
B2B
Margin
High
Capital Intensity
High
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/04/2019
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