Powwow (2017)
About this raise
Powwow, with a valuation of $22 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company has developed a tool for corporations to port their proprietary applications from legacy platforms to mobile devices quickly. Powwow produces high-quality and intuitive user experiences on mobile devices and does it inexpensively. The company is transforming leading industries and has high-profile early customers, including Northwestern Mutual and JP Morgan Chase. Kia Behnia, Andrew Cohen, and Jonathan Kaplan founded Powwow in 2012. The current crowdfunding campaign has a minimum target of $11,200 and a maximum target of $500,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $274,185
Deal Terms
- Platform
- OurCrowd
- Start Date
- 03/29/2017
- Close Date
- 08/03/2017
$11,200
$500,000
$11,200
Equity - Common
Early Stage
RegD 506(c)
$22,000,000
Company & Team
Company
- Year Founded
- 2012
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- San Francisco, California
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/09/2017 | OurCrowd | - | $268,019 | Convertible Note | Funded | RegD 506(c) |
| 08/03/2017 | OurCrowd | $22,000,000 | $274,185 | Equity - Common | Funded | RegD 506(c) |
| 04/08/2016 | OurCrowd | $10,000,000 | $387,620 | Equity - Common | Funded | RegD 506(c) |
| 09/10/2014 | OurCrowd | $4,900,000 | $1,108,525 | Equity - Common | Funded | RegD 506(c) |