Erndo

Erndo

[Closed for Investment] Erndo is here to save the small business day. They’ve built a small business ecosystem based on blockchain technology and AI with the goal of helping small businesses thrive. Their platform automatically generates customer traffic while incentivizing consumers to become local influencers. Erndo’s currency token rewards consumers for their actions, such as showing loyalty or posting their insights and opinion, and that currency earned can then be spent at local businesses. Erndo wants to “live in a world where diversity at the local level is celebrated, where the local businesses are a reflection of the unique personality of the local community,” and their mission is to “reshape the small business landscape and to give back the influence to local communities.” With Erndo, a future where small businesses and local economies can thrive is now truly possible.

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Investment Overview

Raised this Round: Raised: $80,143

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
04/20/2018
Close Date
11/13/2018
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$40,000,000

Discount

0%

Company & Team

Company

Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
Location
Wilmington, Delaware
Company Website
Visit Website

Team

Employees
10

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
11/13/2018 StartEngine $40,000,000 $80,143 Convertible Note Funded RegCF
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Erndo on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $40,000,000

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