Parvenu

Parvenu

Early Stage

Raising More Money for Charity Through Artificial Intelligence.

Raising More Money for Charity Through Artificial Intelligence.

Overview

Raised to Date: Raised: $137,039

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/18/2018

Close Date

02/27/2019

Min. Goal
$76,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/02/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$612

# of Investors

222

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Financial & Insurance Products & Services

Tech Sector

Location

Washinton, District of Columbia

Parvenu combines raising money for charity with artificial intelligence (AI). Actually, to be specific, Parvenu raises money for charity through AI. Their system personalizes charity suggestions through retail checkouts based on what the consumer is buying. If you’re buying dog food, their system will ask if you want to donate to an animal shelter, or if you’re refilling a prescription, Parvenu will ask you to donate to medical research. The personalized engagement boosts engagement, and so far, their technology tripled the donation rate from 8% to 25% in beta tests across five stores. Their technology is proprietary under a provisional patent, and they’re team has been notably and significantly successful in past startup and fundraising endeavors.
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Founder Profile

Founder Profile: Donations Made Easy With Johnny Li, Co-Founder And COO of Parvenu

As of August 28th, Parvenu had raised $61.3K of the current round


When you go shopping at the grocery store, it is likely that you have experienced more than once being asked to donate to a charity that the store has decided to partner with. In fact over $400M a year is donated through programs just like that, which is terrific.


However, the reality is often times you may not even know what the charity is or you may reserve your dollars for investing in causes that matter most to you. Parvenu wants to create a new way to offer giving programs to users when they are shopping that takes into consideration the causes you might care about.


By personalizing the point of sale donation options, Parvenu has showed early signs of being able to more than triple the number of donations given by customers. The opportunity to transform and optimize point of sale donation programs is bigger than you might even realize.


Read Founder Interview

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Parvenu on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

Follow company

Follow Parvenu on Wefunder

Buy Parvenu's Deal Report

Warning: according to the close date for this deal, Parvenu may no longer be accepting investments.

Parvenu Deal Report

Get KingsCrowd’s comprehensive report on Parvenu including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Parvenu is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Parvenu deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge