Clockout
About this raise
Clockout, with a valuation of $10 million, is raising funds on Republic. The company has developed a platform to make adult friendships and professional networks interconnected. The platform enables users to make friends with other professionals of the same age in casual settings and build a network organically. Clockout has over 75,000 users, over 1 million social interactions, and $3 million in projected revenue for 2023. Manasa Grandhi and Krishna Dosapati founded Clockout in December 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.07 million. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $130,080
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 10/07/2022
- Close Date
- 02/25/2023
$25,000
$1,070,000
$100
SAFE
Early Stage
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- 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
- Total Prior Capital Raised
- $216,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/25/2023 | Republic | $10,000,000 | $130,080 | SAFE | Funded | RegCF |