Sagoon
Growth Stage
Connect. Share. Earn.
Overview
Raised: $225,561
Total Commitments ($USD)
Platform
StartEngine
Start Date
07/02/2018
Close Date
12/28/2018
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$1,012
Security Type
Equity - Common
Funding Type
RegCF
Price Per Share
$23.00
Pre-Money Valuation
$78,300,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2018
Days Remaining
Funded
% of Min. Goal
2,256%
% of Max. Goal
21%
Likelihood of Max
Funded
Avg. Daily Raise
$1,260
# of Investors
80
Momentum
Funded
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Location
Woodbridge, Virginia
Industry
Media, Entertainment & Publishing
Tech Sector
Sagoon is a social commerce app that enables users of all ages to connect, share, and earn. Free to use, Sagoon allows users to communicate socially, shop, and be rewarded for doing so. The multi-application platform offers three products, and its Android app is available for global users, with an iOS app coming soon. Launched by Bollywood star Shraddha Kapoor in January 2018, one million people have since downloaded the app. Sagoon boasts 2.3M users, 25,000 organic new user sign-ups, 10M page views, and 65M waiting users. The bottom line? Sagoon is on a social mission -- they want to change the way we use social media, and they’re out to make that a reality...one new user at a time.
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