Are.na

Are.na

Early Stage

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Build ideas together

Overview

Raised to Date: Raised: $271,956

Total Commitments ($USD)

Platform

Republic

Start Date

03/21/2018

Close Date

05/25/2018

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$4,249

# of Investors

855

Momentum
Funded
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Year Founded

2014

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Brooklyn, New York

Arena is revolutionizing what knowledge sharing platforms. They’ve combine the creativity of social media with the focus of a productivity tool to form a “visual organization tool designed to help you think and create.” With no ads, no likes, and no recommendations to distract you from your work, you can mindfully do anything from creating mood boards and website wireframes to saving articles, brainstorming, and collecting research data. Plus, you can collaborate with other users. So far, Arena has experienced 370% growth in paying memberships in 2017, as well as 102% growth in total registered users. It’s already being used by creatives at Apple, Nike, and Yale, and they’re on track to cover their current burn rate in 2018. Arena is here and they’re designing a new future - one visual collection and virtual collaboration at a time.
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Are.na on Republic
Platform: Republic
Security Type: SAFE
Valuation: $5,000,000

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Warning: according to the close date for this deal, Are.na may no longer be accepting investments.

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