GroundSwell SPC
About this raise
GroundSwell SPC, with a valuation cap of $8 million, is raising funds on StartEngine. The company is empowering people to do more good as part of their daily transactions. GroundSwell helps in redirecting processing fees charged by merchants to good causes and, thus, converting transaction fees to donations. The company was founded by Daniel Rubano and has already received $1.3 million in funding from previous campaigns. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $107,000. GroundSwell is the first-ever platform to allow people to support important causes without giving additional donations.
Investment Overview
Invested : $21,600
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/14/2019
- Close Date
- 09/30/2019
$10,000
$107,000
$250
Convertible Note
RegCF
$8,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Washougal, Washington
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/30/2019 | StartEngine | $8,000,000 | $21,600 | Convertible Note | Funded | RegCF |