RUF Technology

RUF Technology

Closed: Sep. 2019

About this raise

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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Investment Overview

Not Funded: $750

Deal Terms

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%

Company & Team

Company

Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Fullerton, California
Company Website
Visit Website

Team

Employees
1

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/15/2019 truCrowd $6,200,000 $750 SAFE Not Funded RegCF
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Add to portfolio
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.

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