Sonatafy Technology
About this raise
Sonatafy Technology, with a valuation of $30 million, is raising funds on Wefunder. The company helps businesses in nearshoring by matching them with top talent to complement their existing IT teams. The platform provides companies with talented developers and engineers and accelerates their software development efforts. Sonatafy Technology has over $22 million in customer pipeline and expects to generate top-line revenue of $3.6 million for 2021. Steve Taplin and David Turner founded Sonatafy Technology in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, technology, operating and growth capital, and debt repayment.
Investment Overview
Invested $113,250 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +50% YoY
- $3,600,000
- Monthly Burn
- $19,601
-
Runway
- 8.8 months
- Gross Margin
- 37%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
06/11/2022 | Wefunder | $30,000,000 | $113,250 | Equity - Common | Funded | RegCF |