Focusmate

Early Stage

Where work gets done

Overview

Raised to Date: Raised: $123,567

Total Commitments ($USD)

Platform

Republic

Start Date

09/21/2018

Close Date

01/18/2019

Min. Goal

$25,000

Max. Goal

$350,000

Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/31/2019

Days Remaining
Funded
% of Min. Goal

494%

% of Max. Goal

35%

Likelihood of Max
Funded
Avg. Daily Raise

$1,038

# of Investors

338

Momentum
Funded
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Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

Location

New York, New York

Focusmate lives up to its name. It helps you focus when distractions abound. They’re building the “digital workplace of the future -- the digital environment where people will go to get things done.” Simply decide when you want to work and the times you want to be productive, then launch the Focusmate video session. Through Focusmate’s pilot, 96% of their users said the product improves their productivity by at least half, and 51% of users have converted to paying customers, with active users booking 11 fifty-minute appointments every week. Their daily active users are growing 20% MoM, and they’ve already gained $350,000 in backing from top investors including CoVenture, Betaworks, Towerview Ventures, and Nir Eyal.
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Focusmate on Republic
Platform: Republic
Security Type: SAFE

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