KoreChain

KoreChain

KoreChain, with a valuation of $110.3 million, is raising funds on Mundial Financial Group. The company has developed a highly secure and decentralized blockchain ecosystem for private companies raising capital. KoreChain’s AI-based platform manages the full lifecycle of tokenized securities, including issuance, trading, clearing, settlement, reporting, and custodianship, and ensures compliance with securities regulations. Oscar A. Jofre, Dr. Kiran Garimella, Jason Futko, and Peter Daneyko founded KoreChain in February 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for sales and marketing, wages, legal and accounting fees, and working capital.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Mundial Financial Group
Start Date
03/06/2024
Close Date
02/23/2025
Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.00

Pre-Money Valuation

$110,216,665

Company & Team

Company

Year Founded
2023
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
New York City, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Oscar Jofre Jr.
Title
CEO
Founder Name
Kiran Garimella
Title
CTO
Founder Name
Jason Futko
Title
CFO
Founder Name
Peter Daneyko
Title
CRO

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$40
 Runway
0 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-483

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$65,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/23/2025 Mundial Financial Group $110,216,665 - Equity - Common Active RegCF
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Add to portfolio
KoreChain on Mundial Financial Group 2024
Platform: Mundial Financial Group
Security Type: Equity - Common
Valuation: $110,216,665
Price per Share: $5.00

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