Gravatate
About this raise
Gravatate, a virtual workplace solution with a valuation cap of $4.5 million, is raising funds on WeFunder. The platform of Gravatate allows business professionals to streamline their communication and enhance the collaboration experience. It helps business owners to connect and communicate with their team, clients, and vendors in a simple and affordable manner. Gravatate was founded by Javier Castro in 2014 and has raised over $700,000 since its inception. The current round of crowdfunding has a minimum goal of $70,000 and a maximum goal of $175,000, and the proceeds will be used for software development, marketing, leadership team salary payment, and legal and accounting expenses. Gravatate reported a 196% user growth, 33% increase in workspaces, 65 times increase in shared media, and 12 times increase in shared events in a year from 2018 to 2019.
Investment Overview
Not Funded: $11,250
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/27/2020 | Wefunder | $4,500,000 | $11,250 | SAFE | Not Funded | RegCF |