UKey
About this raise
UKey, with a valuation of $8 million, is raising funds on Wefunder. The company has developed an AI-driven and scalable micropayments platform. The patent-pending technology of UKey enables super low transaction fees, which unlock micropayments at scale and help merchants maximize their revenue. The platform also enables consumers to spend less and unlock more. Uday Chandra and Sumesh Poduval founded UKey in July 2022. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $800,000. The campaign proceeds will be used for research and development, go-to-market, and operations.
Investment Overview
Invested $317,651 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $374
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/31/2023 | Wefunder | $8,000,000 | $317,651 | SAFE | Funded | RegCF |