Sunu

Top Deal
BETA

Solution for the visually impaired

Analytics

Raised to Date: $331,424

Aggregate Commitments $
Platform

Republic

Start Date

12/18/2019

Close Date

06/30/2020

Min. Goal

$30,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Series A

Valuation Cap

$12,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

07/05/2020

Days Remaining
Funded
% of Min. Goal

1,105%

% of Max. Goal

31%

Likelihood of Max
Funded
Avg. Daily Raise

$1,700

# of Investors

1,394

Momentum
Funded
Location
Industry

Consumer Products, Goods & Services

Tech Sector

Medtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Sunu is raising funds on Republic via Crowd SAFE with a $12 million valuation cap. The team has created wearable technology for the visually impaired. The smart band has sonar obstacle detection, as well as GPS navigation, empowering the visually impaired to be more independent. The band uses sonar or echolocation technology to detect objects up to 16 feet away. The team has raised $870k to date and is backed by Y Combinator, among others. The minimum investment amount for Sunu is $100 and the minimum target for the round is $30000.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$321,616

$81,416

COGS

$230,249

$109,363

Tax

$0

$0

 

 

Net Income

$-165,781

$-199,602

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$13,053

$80,991

Accounts Receivable

$144,475

$46,242

Total Assets

$222,333

$184,352

Short-Term Debt

$20,004

$93,265

Long-Term Debt

$0

$0

Total Liabilities

$20,004

$93,265

Ratings

last updated 08/23/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Top Deal
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

teleCalm on Wefunder

Alzheimer’s and dementia are serious medical issues that affect a larger swath of the population. In the US…

Crowd
Signature Lacrosse on StartEngine

Signature Lacrosse has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
Pristeem on Wefunder

Pristeem has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Sunu on Republic
Follow company
Follow Sunu on Republic