ChoiceTrade
About this raise
ChoiceTrade, with a pre-money valuation of $31 million, is raising funds on WunderFund. The company offers a micro-investing platform for global traders. The ChoiceTrade app is registered with the US SEC since 2000 and allows traders to start trading with as little as $10. ChoiceTrade is a global company with clients from over 100 countries. The company was founded by Neville Golvala and Ron Buckner. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $535,000, will be used for business development, technology development, and working capital. ChoiceTrade has generated $20 million in lifetime revenues and has earned Barron’s 4-star rating six times.
Investment Overview
Invested $66,417 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $927,143
- Monthly Burn
- $2,073
-
Runway
- 24+ months
- Gross Margin
- 66%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/14/2020 | WunderFund | $31,535,500 | $66,417 | Equity - Common | Funded | RegCF |
07/28/2019 | Wefunder | $35,700,000 | $0 | Equity - Common | Not Funded | RegCF |
07/31/2018 | Netcapital | $27,913,106 | $341,417 | Equity - Common | 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.