About this raise

EvonSys, with a valuation of $20 million, is testing the waters on Wefunder. The company uses its low-code platforms to digitize and automate enterprise businesses. EvonSys helps in bringing a happy customer experience with its subject matter expertise, innovative solutions, and quality-conscious digital transformation implementation strategies. The company reported a two-times revenue growth in 2021 with more projects in the pipeline. Arun MS, Nish Fonseka, and Punna Paramasivan founded EvonSys in 2015. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $500,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $746,087

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
07/16/2021
Close Date
Not Provided
Min. Goal
Funded
Max Goal
Funded
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

Test the Waters / RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Company & Team

Company

Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Location
New Castle, Delaware
Company Website
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Team

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
12/31/2024 DealMaker Securities $120,000,000 $296,579 Equity - Preferred Funded RegCF
04/28/2022 Wefunder $20,000,000 $1,070,000 SAFE Funded RegCF
02/05/2022 Wefunder $20,000,000 $746,087 SAFE Funded Test the Waters / RegCF
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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

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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EvonSys on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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

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