Ember Fund
Growth Stage
Invest like a cryptocurrency hedge fund with only $300
Overview
Raised: $1,975,001
Platform
Republic
Start Date
08/30/2022
Close Date
Not Provided
Min. Goal
$5,000
Max. Goal
$3,000,000
Min. Investment
$5,000
Security Type
SAFE
Series
Seed
SEC Filing Type
RegD 506(c)
Valuation Cap
$80,000,000
Discount
0%
Status
Funded
Reporting Date
12/31/2022
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$16,057
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Ember Fund, with a valuation of $80 million, is raising funds on Republic through Reg D 506(c) raise. The Ember Fund application allows individuals to invest in a managed cryptocurrency hedge fund portfolio. The global app helps users to invest easily and securely, with as little as $100. The users do not need to trust a third party and can follow experts for investment advice. Ember Fund has over 500,000 users and reported a 400% year-over-year revenue growth as of March 2022. Alex Wang, Guillaume Torche, and Mario Lazaro founded Ember Fund in July 2019. The current crowdfunding campaign has a maximum target of $3,000,000. The campaign proceeds will be used for scaling token partnerships and international expansion.
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Ember Fund | 12/31/2022 | Republic | $80,000,000 | $1,975,001 | SAFE | Funded | RegD 506(c) |
| Ember Fund | 07/06/2022 | Republic | $80,000,000 | $5,000,000 | SAFE | Funded | RegCF |
| Ember Fund | 03/30/2020 | Republic | $5,000,000 | $609,827 | SAFE | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.