Rovren
Early Stage
Making the power of Computer Vision accessible to everyone
Overview
Raised: $71,251
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/12/2023
Close Date
02/16/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
02/28/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$750
# of Investors
51
Momentum
Funded
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Year Founded
2023
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Rovren, with a valuation of $5 million, is raising funds on Wefunder. It is an online software that enables users to create computer vision and machine learning solutions faster and simpler. Rovren has broad applications, including healthcare, manufacturing, and transportation, and brings next-generation computer vision solutions to healthcare professionals, car manufacturers, and phone manufacturers, among others. The platform is replacing complexity with modern technology and saves users’ time and costs. Ashim Raiani founded Rovren in August 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for development and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$46,389 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$46,389 |
$0 |
|
Short-Term Debt |
$-2,611 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$-2,611 |
$0 |
Financials as of: 11/12/2023
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