Joolez
About this raise: Joolez, with a valuation cap of $4 million, is raising funds on MicroVentures. The company has developed a jewelry marketplace that uses artificial intelligence to match customers with their ideal diamond engagement rings. The algorithm will change how customers shop for diamond rings online and get the perfect match for themselves. Yuri Iskhakov founded Joolez in December 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing, R&D, equipment purchases, and general working capital. Joolez aims to give customers access to more than one million diamonds through its large diamond and jewelry trading networks.
Investment Overview
Not Funded: $14,565
Deal Terms
Total Commitments ($USD)
- Platform
- Microventures
- Start Date
- 04/06/2021
- Close Date
- 09/06/2021
$50,000
$250,000
$100
Convertible Note
Pre-Seed
RegCF
$3,400,000
$4,000,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/06/2021 | Microventures | $4,000,000 | $14,565 | Convertible Note | Not Funded | RegCF |