CiSApp
[Closed for Investment] CiSApp, with a valuation cap of $1.5 million, is raising crowdfunding on MicroVentures. The company is creating a decentralized social network blockchain to connect users across different account spaces. The network aims to solve problems related to anonymity, data privacy, and transparency. Palem Imran and Bhargav Varma founded CiSApp in 2019 and raised $15,000 in seed funding in 2020. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $107,000, and the funds will be used for general marketing, research and development, development contracting, future wages, and working capital. CiSApp has more than 22,285 users signed up during its beta testing.
Investment Overview
Raised: $149,857
Deal Terms
Total Commitments ($USD)
- Platform
- Microventures
- Start Date
- 02/24/2021
- Close Date
- 10/04/2021
$25,000
$250,000
$100
Convertible Note
Seed
RegCF
$1,500,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /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
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/04/2021 | Microventures | $1,500,000 | $149,857 | Convertible Note | Funded | RegCF |