Status Money on Republic

The social network for your finances

Raise to date: $125,550

Reporting Date: 11/06/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$250,000

Likelihood of Max Extremely
Start Date

10/01/2019

Stop Date

01/30/2020

Days Remaining

83

Security Type

SAFE

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

449

% of Minimum Raised

502%

% of Maximum Raised

50%

Dollars Per Day to Reach Max

$1,499

DPD* Committed

$3,488

DPD* Category

$0

DPD* All Companies

$1,355

Kingscrowd Momentum

$125,550

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Status Money, with a valuation cap of $25 million, is raising crowdfunding on Republic. Status Money is a social network and hybrid budgeting application that helps users create a social network for their finances. The members of Status Money can share financial tips with their peers, compare financial data, and make intelligent financial decisions. Status Money was founded by Majd Maksad and Korash Hernandez and has raised $9 million since its inception. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $250,000. Status Money has $1.1 million as the projected revenue for 2019 and $7.8 million for 2020. The platform has more than 263,000 registered users, with a 93% retention rate.

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