SoKO on Start Engine

Bringing Style and Innovation to Hemp & CBD

Raise to date: $13,042

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

02/03/2020

Stop Date

04/28/2020

Days Remaining

28

Security Type

Equity

Investment Minimum

$360

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

26

% of Minimum Raised

130%

% of Maximum Raised

12%

Dollars Per Day to Reach Max

$3,356

DPD* Committed

$237

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$13,042

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

SoKO, with a pre-money valuation of $11 million, is raising funds on StartEngine. The company is creating an intersection between the CBD industry and the fashion industry and changing how the consumers view CBD and hemp products. The innovative CBD products of SoKO include tinctures, infused beverages, culinary products, pet products, and more. SoKO was founded by Dave Soko, a leader in the fashion and hemp industry. The current round of crowdfunding of SoKO has a minimum goal of $10,000 and a maximum goal of $107,000, and the proceeds will be used to add more value to the company. SoKO is currently selling its products worldwide, with an average profit margin of 50% and an increase of 412% in sales from 2018 to 2019.

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