Boodskap
About this raise
Boodskap, with a valuation of $14 million, is raising funds on Title3Funds. The company has developed a self-serving IoT platform with capabilities including device agnostics, streaming data, and building complex applications. The Boodskap platform is an end-to-end no-code platform that enables companies to go to market quickly and cost-effectively without compromising on quality. Boodskap is led by an experienced team and has generated $1.8 million in lifetime revenue. Jegan Vincent, Amal Jesayen, and Rajesh Soundarapandian founded Boodskap in January 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, cloud hosting, future wages, and general working capital.
Investment Overview
Invested $41,850 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -4.1% YoY
-
$544,655
as of FY2021
- Monthly Burn
-
Profitable
as of FY2021
-
Cash on Hand
-
$75,559
as of FY2021
- Gross Margin
-
93%
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/21/2023 | Title3Funds | $14,000,000 | $41,850 | Equity - Common | Funded | RegCF |