Carii

Carii

Closed: Feb. 2021

About this raise: Carii, with a post-money valuation of $10.06 million, is raising crowdfunding on NetCapital. The company provides a digital platform for companies to engage with their community and connect their stakeholders. The businesses get to unify their internal and external communities in a secure and branded environment. Denise Hayman-Loa and Wun Fie Loa founded Carii in 2014. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,069,999, and the proceeds will be used for sales, marketing, compensation, working capital, infrastructure, and operations. Carii has a fully-developed solution with a proven product-market fit. The company has numerous existing customers, prospects, and partners.

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Investment Overview

Invested this round: $17,820

Deal Terms

Total Commitments ($USD)

Platform
Netcapital
Start Date
12/03/2020
Close Date
02/02/2021
Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment

$101

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$11.25

Pre-Money Valuation

$9,000,000

Company & Team

Company

Year Founded
2014
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Woodstown, New Jersey
Business Type
High Growth
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Denise Hayman-Lao
Title
CEO
Founder Name
Wun Fie Lao
Title
President

Financials

 Revenue -21% YoY
$175,258
 Monthly Burn
$19,878
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$175,258

$221,711

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-238,531

$-436,875

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$917

$2,327

Accounts Receivable

$14,531

$14,181

Total Assets

$355,484

$186,259

Short-Term Debt

$3,064,060

$2,778,415

Long-Term Debt

$60,000

$75,000

Total Liabilities

$3,124,060

$2,853,415

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/02/2021 Netcapital $9,000,000 $17,820 Equity - Common Funded RegCF
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Add to portfolio
Carii on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $9,000,000
Price per Share: $11.25

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Follow Carii on NetCapital

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

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