Cyasoon

Cyasoon

Open  for investment

About this raise: Cyasoon, with a valuation of $10 million, is raising funds on PicMii. The company has developed an app that guides users to the best spots for fun and exploration. Cyasoon is focused on decision-free adventures and authentic connections with its spontaneous adventures, parties, and meet-ups that eliminate analysis paralysis. The app is AI-driven, safe, and authentic and generates revenue through advertisements, consumer subscriptions, and the marketplace. Ketan Chand and Wendy Reighard founded Cyasoon in April 2020. The current crowdfunding campaign has a minimum target of $9,999.23 and a maximum target of $123,999.36. The campaign proceeds will be used for marketing and salaries.

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Investment Overview

Committed this round: $0

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
12/10/2024
Close Date
04/01/2025
Min. Goal
$9,999
Max. Goal
$123,999
Min. Investment

$101

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.31

Pre-Money Valuation

$10,014,499

Company & Team

Company

Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Cheyenne, Wyoming
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Ketan Chand
Title
CEO
Founder Name
Wendy Reighard

Funding data not publicly available

Financials

as of December 31, 2023
 Revenue
$0
 Monthly Burn
$12,537
 Runway
11.6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-150,447

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$145,794

$0

Accounts Receivable

$0

$0

Total Assets

$159,540

$0

Short-Term Debt

$10,452

$0

Long-Term Debt

$0

$0

Total Liabilities

$10,452

$0

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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
04/01/2025 PicMii $10,014,499 $0 Equity - Common Active RegCF
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Add to portfolio
Cyasoon on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $10,014,499
Price per Share: $1.31

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Follow Cyasoon on PicMii 2024

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