SOKO

Early Stage

Social impact jewelry brand and manufacturing platform for artisans in Kenya

Analytics

Raised to Date: Raised: $117,930

Aggregate Commitments $

Platform

Wefunder

Start Date

10/12/2021

Close Date

02/12/2022

Min. Goal

$100,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$12,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

10/27/2021

Days Remaining

108

% of Min. Goal

118%

% of Max. Goal

24%

Likelihood of Max
extremely
Avg. Daily Raise

$7,862

Momentum
cold
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Location

San Francisco, California

Industry

Apparel & Fashion

Tech Sector

CommerceTech

SOKO, with a valuation of $12 million, is raising funds on Wefunder. It is an ethical jewelry brand and manufacturing platform that connects artisan communities in Kenya with the global market. The platform uses mobile technology to connect Kenyan artisans to global customers. SOKO impacts 11,600 beneficiaries and helps them earn five times more. Joanne Calabrese founded SOKO in May 2012. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for marketing, inventory, and hiring additional e-commerce and tech support.
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SOKO on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

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