Ubitquity
[Closed for Investment] Ubitquity, with a valuation cap of $2.5 million, is raising crowdfunding on SeedInvest. The company offers a blockchain-secured platform for real estate recordkeeping. It titles the companies and municipalities leading to a clean ownership record. The process helps in the reduction of title search time and increases transparency and confidence. Ubitquity was founded as iNation in 2015 by Nathan Wosnack. The current round of crowdfunding has a total size of $750,000, and the proceeds will be used for improvements to the code, professional services, and general expenses. Ubitquity generated revenues of $290,000 and net income of $140,000 in 2018 and has already secured contracts with companies like Coast to Coast Title and AIC Title.
Investment Overview
$124,500 - Total
Deal Terms
Total Commitments ($USD)
- Platform
- SeedInvest
- Start Date
- 04/15/2019
- Close Date
- 05/31/2019
$25,000
$750,000
$1,000
Convertible Note
RegCF
/ RegD 506(c)
$2,500,000
0%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- Wilmington, Delaware
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/31/2019 | SeedInvest | $2,500,000 | $124,500 | Convertible Note | Funded | RegCF / RegD 506(c) |