KoreChain

KoreChain

Growth Stage

Bringing Trust to the Private Markets

Bringing Trust to the Private Markets

Overview

Funding data not publicly available
Platform

Mundial Financial Group

Start Date

03/05/2024

Close Date

02/22/2025

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

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

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.

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

Financials as of: 03/05/2024
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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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