Rapunzl
Early Stage
Rapunzl is a social network for investors to link live brokerage accounts and trade alongside their friends.
Overview
Raised: $199,323
Total Commitments ($USD)
Platform
Netcapital
Start Date
10/11/2018
Close Date
04/15/2019
Min. Goal
$10,000
Max. Goal
$500,000
Min. Investment
$99
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.21
Pre-Money Valuation
$6,603,666
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2019
Days Remaining
Funded
% of Min. Goal
1,993%
% of Max. Goal
40%
Likelihood of Max
Funded
Avg. Daily Raise
$1,072
Momentum
Funded
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Year Founded
2016
Industry
Media, Entertainment & Publishing
Tech Sector
Location
Chicago, Illinois
Rapunzl is a “...viral gamification of the stock market which blends the excitement of fantasy football with the world of investing.” In other words, it’s a social network for investors! Users can link live brokerage accounts, trade alongside their friends, follow top investors, and compete for prizes. So far, Rapunzl has been featured on ABC and Fox, and they’ve received $565,000 in scholarship commitments. Additionally they have a 501(c)3 fiscal sponsorship from UrbanX Learning. This allows them to fundraise tax-deductible scholarship prizes from financial institutions and receive a 20% management fee on scholarship funds raised.
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