Sfara
Early Stage
The all-in-one mobile safety solution
Overview
Platform
OurCrowd
Start Date
05/24/2021
Close Date
07/28/2021
Min. Goal
$10,000
Max. Goal
$4,390,000
Min. Investment
$10,000
Security Type
Equity - Common
SEC Filing Type
RegD 506(c)
Pre-Money Valuation
$40,000,000
Year Founded
2012
Industry
Security, Cybersecurity, & Defense
Tech Sector
AutomationTech
Sfara, with a valuation of $40 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company has developed AI-driven and smartphone-based telematics to smooth the transition to autonomous vehicles. The system helps in low-cost driver monitoring, crash detection, and personal safety to protect the users where they go or how they get there. The mobile safety solution of Sfara strengthens enterprise offerings and offers duty-of-care benefits. Sascha Simon founded Sfara in 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,390,000. The campaign proceeds will be used for growth and expansion.
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