ACFN Franchised
About this raise
ACFN Franchised, with a valuation of $35 million, is raising funds on Republic. The company offers prospective entrepreneurs a unique, low-cost, low-risk, and high-reward franchise opportunity. The business excels in corporate relationship building and excellence and works on a proven recurring revenue model. ACFN Franchised provides services to 2,700 businesses in 46 states with its network of 220 franchise owners. Jeffrey D. Kerr and Avi Blankroth founded ACFN Franchised in October 2002. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for acquisitions to expand corporate relationships, increase the size of the franchise network, and increase transaction volume.
Investment Overview
Invested : $276,681
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 10/06/2022
- Close Date
- 03/22/2023
$25,000
$5,000,000
$150
SAFE
Growth Stage
RegCF
$28,000,000
$35,000,000
0%
Company & Team
Company
- Year Founded
- 2002
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +40% YoY
- $12,703,113
- Monthly Burn
- Profitable
-
Cash on Hand
- $1,153,502
- Gross Margin
- 16%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,000,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/22/2023 | Republic | $35,000,000 | $276,681 | SAFE | Funded | RegCF |