Soraban on Wefunder

Helping CPAs give companies financial reviews much faster

Raise to date: $51,506

Reporting Date: 08/09/2020

Key Stats

Minimum Raise

$75,000

Maximum Raise

$150,000

Likelihood of Max Extremely
Start Date

07/29/2020

Stop Date

11/20/2020

Days Remaining

102

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

48

% of Minimum Raised

69%

% of Maximum Raised

34%

Dollars Per Day to Reach Max

$966

DPD* Committed

$4,682

DPD* Category

$10

DPD* All Companies

$1,897

Kingscrowd Momentum

$51,506

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Soraban, with a valuation cap of $6 million, is raising crowdfunding on Wefunder. The system helps to automate the menial work of CPAs, thus helping them deliver their services faster. The process of data extraction and organization becomes automated and more efficient through the use of Soraban. The company was founded by Enoch Ko in 2019 and has raised over $30,000 since its founding. The current crowdfunding round has a minimum raise of $75,000 and a maximum raise of $150,000, and the proceeds will be used for engineering, hiring a full-time CPA, and risk, legal, and insurance expenses. Soraban has launched a paid pilot with Wefunder and has received a $15,000 grant from Y Combinator and $20,000 investment from XX Team.

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