IoTeedom
Early Stage
IoTeedom facilitates the growth of SMART cities worldwide using advanced urban planning software. Designed to empower local communities, our platform connects city officials, businesses, and global investors to create a lasting social impact.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Netcapital
Start Date
08/18/2020
Close Date
11/19/2020
Min. Goal
$10,000
Max. Goal
$249,918
Min. Investment
$108
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$9.78
Pre-Money Valuation
$929,100
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/21/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Government Services
Tech Sector
AutomationTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
IoTeedom, with a post-money valuation of $1.1 million, is raising funds on NetCapital. The platform empowers local communities by connecting city officials, global investors, and businesses through an advanced urban planning software. The data collected on the IoTeedom platform can be used to solve dire challenges faced by the communities and creating a positive change. Brianna Cook founded IoTeedom in 2017. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $249,918. The proceeds will be used for the MVP development, marketing and sales, management, local city investment, and operating expenses. IoTeedom has an initial database of 100 users and has partnerships with the US, Nigeria, India, and the Netherlands Embassies.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-930 |
$-1,930 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$1,930 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$1,930 |
Financials as of: 08/18/2020
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