Lotus
About this raise
Lotus, with a valuation of $15 million, is raising funds on Wefunder. The company has developed an open-core pricing and billing engine for SaaS. The platform enables API companies to automate custom usage-based pricing for businesses for any metric rather than guessing how to charge their customers. Lotus is led by an experienced team and has already secured three design partners. Mikael Nida and Diego Escobedo founded Lotus in October 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for R&D hiring.
Investment Overview
Invested : $36,502
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 01/17/2023
- Close Date
- 01/31/2023
$25,000
$124,000
$100
SAFE
Seed
RegCF
$15,000,000
0%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $900,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/31/2023 | Wefunder | $15,000,000 | $36,502 | SAFE | Funded | RegCF |