RUF Technology

RUF Technology

Early Stage

Interconnected Smart Home Platform.

Interconnected Smart Home Platform.

Overview

Raised to Date: Raised: $750

Total Commitments ($USD)

Platform

truCrowd

Start Date

04/17/2019

Close Date

09/15/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,200,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

09/15/2019

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$5

# of Investors

3

Momentum
Not Funded
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Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Fullerton, California

RUF Technology, an interconnected smart home platform, is raising funds on TruCrowd. The company has a pre-money valuation of $6.2 million and has manufactured a complete range of interconnected devices for homes. RUF Technology uses a single fully-integrated IoT infrastructure so that the devices are controlled by the RUF app and managed on the backend platform. The app is user-friendly and uses voice commands to control all the interconnected devices. RUF Technology was founded by Jeff Chen and seeks to raise a minimum of $10,000 and a maximum of $1,070,000 through the crowdfunding round. RUF Technology has achieved a strategic advantage by signing an exclusivity agreement with LORA for using the LORA IoT platform and LORA chips.
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RUF Technology on TruCrowd
Platform: truCrowd
Security Type: SAFE
Valuation: $6,200,000

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Warning: according to the close date for this deal, RUF Technology may no longer be accepting investments.

RUF Technology Deal Report

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