Pylons
About this raise
Pylons, with a valuation of $50 million, is raising funds on Republic. The company has developed a platform to bring Web3 to where the users are and digital ownership to the mainstream web. The Pylons stack includes blockchain, mobile wallet app, SDK, and art minter and has the tools to buy, sell, and trade digital assets. Pylons has a community of over 6,000 across social platforms and supports social cards when sharing and listing assets. Michael Sofaer founded Pylons in May 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used to expand the marketing and business teams and improve the user experience.
Investment Overview
Invested : $35,126
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 11/21/2022
- Close Date
- 03/17/2023
$25,000
$1,235,000
$100
SAFE
Growth Stage
RegCF
$50,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,400,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/17/2023 | Republic | $50,000,000 | $35,126 | SAFE | Funded | RegCF |