ASTRALABS (2021)
About this raise
ASTRALABS, with a pre-money valuation of $69.3 million, is raising crowdfunding on Wefunder. The company is building the infrastructure for the startup and investor ecosystem. It helps in building the teams from the ground up and utilize their technology to develop and scale quickly. Andrew Ryan founded ASTRALABS in 2016 and has raised over $4.3 million since the inception. The proceeds of the current crowdfunding raise, with a minimum target of $100,001 and a maximum target of $534,999, will be used for marketing, advertising, technology development, and revenue-generating activities. ASTRALABS has a global startup portfolio of over $100 million across 20 verticals and 35 countries.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 01/25/2021
- Close Date
- 03/17/2021
$100,001
$1,069,998
$100
Equity - Preferred
Growth Stage
RegCF
$2.75
$69,300,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +1,883% YoY
- $761,080
- Monthly Burn
- $70,053
-
Runway
- 0.1 months
- Gross Margin
- 98%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,000,000
- VC Backed?
- Yes
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| ASTRALABS | 11/12/2021 | Wefunder | $119,000,000 | $626,458 | Equity - Preferred | Funded | RegCF |
| ASTRALABS | 03/17/2021 | Wefunder | $69,300,000 | $1,070,000 | Equity - Preferred | Funded | RegCF |
| ASTRALABS (previously Newchip) | 12/09/2020 | Self Managed | $28,000,000 | $374,585 | Equity - Common | Funded | RegD 506(b) |
| Newchip | 10/05/2018 | Wefunder | $15,000,000 | $647,915 | SAFE | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
