ReceivaSure
About this raise: ReceivaSure, offering accounts receivable insurance to the US SME market, is raising funds on StartEngine. The company has a valuation cap of $7.5 million and is an InsureTech program of Waldorf Trade Risk, LLC. The ReceivaSure platform is expected to bring down the cost of A/R insurance for small businesses and make it more conveniently and affordably available. ReceivaSure was founded by David Waldorf and is in the pilot stage of development. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used to complete the development of the platform. ReceivaSure will bring a sophisticated financial solution to the SME segment with the use of artificial intelligence and cutting-edge technology.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 09/11/2019
- Close Date
- 09/22/2019
$10,000
$1,070,000
$500
Convertible Note
RegCF
$7,500,000
0%
Company & Team
Company
- Year Founded
- 2010
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- Stamford, California
- Company Website
-
Visit Website
Team
- Employees
- 4
Financials
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/22/2019 | StartEngine | $7,500,000 | $0 | Convertible Note | Not Funded | RegCF |