This company is no longer in business. Investors can get details about any potential exits or failures here.

Avenify

Avenify

Early Stage

A marketplace lending platform for ISAs

A marketplace lending platform for ISAs

Overview

Raised to Date: Raised: $98,500

Platform

Self Managed

Start Date

01/24/2019

Close Date

10/01/2019

Min. Goal
$1,000
Max. Goal
$98,500
Min. Investment

$1,000

Security Type

SAFE

SEC Filing Type

RegD 506(b)    Open SEC Filing

Status
Funded
Reporting Date

10/30/2019

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

$396

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Location

Reston, Virginia

Avenify is raising funds independently through Reg D 506(b) crowdfunding. The company is revolutionizing the student financing market as a marketplace lending platform for Income Share Agreements. Avenify helps the students fund their education through ISAs rather than traditional loans. By doing so, students do not need to pay interest on loans; instead, they share a fixed percentage of their income with the company for a stipulated period of time. Justin Potts and Timo Sheridan founded Avenify in July 2018. The current crowdfunding campaign has a minimum target of $1,000 and a maximum target of $98,500. The campaign proceeds will be used for salaries to the management team.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Avenify 04/28/2020 Republic $4,000,000 $301,909 SAFE Funded RegCF
Avenify 09/30/2019 Self Managed - $98,500 SAFE Funded RegD 506(b)
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Avenify on Self Managed 2019
Platform: Self Managed
Security Type: SAFE

Follow company

Follow Avenify on Self Managed 2019

Buy Avenify's Deal Report

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

Avenify Deal Report

Get KingsCrowd’s comprehensive report on Avenify including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Avenify is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Avenify deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge