SangCash
About this raise
SangCash, with a valuation of $2.5 million, is raising funds on Wefunder. The company has developed a platform for music venues to save money and for songwriters to get paid faster. The payment platform enables music venues to manage expensive and inefficient licenses, save money, recognize songs and songwriters, and pay out royalties. SangCash has won several awards and has partnered with the National Independent Venue Association. Stephen P DeGrazia founded SangCash in August 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $124,000. The campaign proceeds will be used for partnerships, taxes and administration, and sales and marketing.
Investment Overview
Invested $19,800 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/14/2023 | Wefunder | $2,500,000 | $19,800 | SAFE | Funded | RegCF |