This company is no longer in business. Investors can get details about any potential exits or failures here.
Famterra
Early Stage
Making life simpler for the modern family
Overview
Raised: $115,801
Total Commitments ($USD)
Platform
Wefunder
Start Date
08/02/2018
Close Date
10/03/2018
Min. Goal
$100,000
Max. Goal
$200,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$7,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2018
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,868
# of Investors
161
Momentum
Funded
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Year Founded
2015
Industry
Consumer Products, Goods & Services
Tech Sector
Location
San Jose, California
Famterra is here to continue their family app success. Their first app, Calroo, helped busy parents keep track of their chaotic family schedule. Now they’re here with a second app designed as a co-parenting app for divorced parents. Called WeParent, this app specifically addresses the 55 million parents who live apart but co-parent together. Famterra’s CEO is a former executive from eBay, PayPal, UpWork, and Zong with a Ph.D from Stanford in psychology. So far, these apps have been featured in Forbes, Inc, Fast Company, and the Huffington Post, and their ultimate goal is to build solutions for families to improve their day-to-day life.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Calroo | 10/07/2018 | Wefunder | $7,000,000 | $135,351 | SAFE | Not Funded | RegCF |
| Famterra | 10/03/2018 | Wefunder | $7,000,000 | $115,801 | SAFE | Funded | RegCF |
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