DiscountCell

DiscountCell

Closed: May. 2019

About this raise

DiscountCell provides technology solutions for the government. They offer Internet of Things (IoT) hardware, SD-Wan, cell phone accessories, tablet accessories, and other cellular-based hardware to government entities across the nation. DiscountCell is currently part of the NASPO ValuePoint Wireless Contract, and 21 states have signed an agreement with them. They’ve also seen a 269% revenue increase in the last 5 years. DiscountCell makes it easier “...for government reps to add lines on hardware not offered directly by the carrier, helping public agencies to upgrade their cars, offices, traffic signals and any other equipment they might need.”

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Investment Overview

Not Funded: $3,750

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
10/08/2018
Close Date
05/06/2019
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

0%

Company & Team

Company

Year Founded
2005
Industry
Government Services
Tech Sector
Location
Provo, Utah
Company Website
Visit Website

Team

Employees
8

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/06/2019 StartEngine $7,000,000 $3,750 Convertible Note Not Funded RegCF
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DiscountCell on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $7,000,000

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

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