Ember Fund

About this raise

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.

Expand

Investment Overview

Invested this round: $1,975,001

Deal Terms

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)    Open SEC Filing

Valuation Cap

$80,000,000

Discount

0%

Company & Team

Company

Year Founded
2019
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Los Angeles, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
18
Prior Founder Exits?
No

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.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$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
Already a member? Log in here.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2022 Republic $80,000,000 $1,975,001 SAFE Funded RegD 506(c)
07/06/2022 Republic $80,000,000 $5,000,000 SAFE Funded RegCF
03/30/2020 Republic $5,000,000 $609,827 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Ember Fund on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $80,000,000

Follow company

Follow Ember Fund on Republic 2022

Buy Ember Fund's Deal Report

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

Ember Fund Deal Report

Get Kingscrowd's comprehensive report on Ember Fund including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Ember Fund is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Ember Fund deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge