KOHA
Early Stage
Shop local, raise money, earn rewards
Overview
Raised: $21,600
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/12/2018
Close Date
01/07/2019
Min. Goal
$60,000
Max. Goal
$500,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Valuation Cap
$1,500,000
Discount Rate
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2019
Days Remaining
Funded
% of Min. Goal
36%
% of Max. Goal
4%
Likelihood of Max
Funded
Avg. Daily Raise
$121
# of Investors
45
Momentum
Funded
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Location
Chicago, Illinois
Industry
Business Services, Software, & Applications
Tech Sector
KOHA is here to create a community network of giving where users mutually benefit each other. Each time you shop at KOHA merchants, you can help benefit schools and nonprofits. KOHA merchants, or “Community Heroes,” are small businesses who donate a portion of the customer’s purchase to schools and nonprofits, with the incentive being that those community members will want to shop at those Heroes in return. Plus, KOHA allows local families and individuals to earn personal rewards that can be used universally with any KOHA merchant as well. So far, they’ve established partnerships with a Chicago area school district and two local nonprofit organizations as their pilot and launch market, and they have a fully-functioning merchant solution currently being piloted. KOHA is creating a “true community network of giving” -- one small business and individual at a time.
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