nFlate

nFlate

Closed: May. 2017

About this raise

nFlate, with a valuation of $5 million, is raising funds on NetCapital. The company has developed a mobile visual shopping app that is changing the way people shop for fashion. nFlate is an artificial intelligence-enhanced mobile apparel marketplace that enables people to shop by photos, favorite colors, and web images. The app currently has about 500 merchants and 125,000 products, and 10,000 shoppers have installed it on their Android devices. Joe Monastiero founded nFlate in January 2014. The current crowdfunding campaign has a minimum target of $9,998.80 and a maximum target of $99,999.20. The campaign proceeds will be used for working capital.

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Investment Overview

Deal Terms

Platform
Netcapital
Start Date
03/14/2017
Close Date
05/15/2017
Min. Goal
$9,999
Max Goal
$99,999
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.40

Pre-Money Valuation

$5,000,000

Company & Team

Company

Year Founded
2014
Industry
Apparel & Fashion
Tech Sector
MarketplaceTech
Location
Dublin, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/15/2017 Netcapital $5,000,000 $0 Equity - Common Funded RegCF
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Add to portfolio
nFlate on NetCapital 2017
Platform: Netcapital
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $1.40

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Follow nFlate on NetCapital 2017

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