About this raise: Lustro, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a platform that serves as an integrator for Reg CF, collectibles, and alternative investments. The platform is focused on diligence and allows investors to research all Reg CF offerings, non-fungible token offerings, real estate offerings, and collectible offerings. Lustro is led by an experienced team and has also acquired So.Capital with its 230,000 followers and 25,000 monthly platform visitors. Michael Knox founded Lustro in November 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.24 million. The campaign proceeds will be used for technology and app development, professional fees, marketing, debt services, and selling and administrative fees.
Investment Overview
Invested : $222,685
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 01/23/2023
- Close Date
- 04/30/2023
$100,000
$1,235,000
$300
Convertible Note
Seed
RegCF
$3,750,000
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $100,000
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Lustro (previously CrowdLustro) | 04/30/2023 | Wefunder | $5,000,000 | $222,685 | Convertible Note | Funded | RegCF |
| CrowdLustro | 12/23/2021 | Wefunder | $4,000,000 | $92,563 | Convertible Note | Not Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.