Uruk Platform
Uruk Platform enables organizations to complete projects faster and cheaper
Overview
Raised: $159,149
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/10/2021
Close Date
04/30/2021
Min. Goal
$150,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
Convertible Note
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$9,000,000
Valuation Cap
$10,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/02/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,015
# of Investors
46
Momentum
Funded
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Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Uruk Platform, with a $10 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a platform for project management that works on the SUKAD Way Project Management Framework. The platform is built on CAMMP to facilitate the workflow of the project life cycle. Mounir A. Ajam founded Uruk Platform in June 2019. The proceeds of the current crowdfunding campaign, with a minimum raise of $150,000 and a maximum raise of $1,000,000, will be used for outreach and marketing, management and business development, product development, and legal, patent, and trademark fees. Uruk Platform is led by a team with over 100 years of experience in project leadership. The platform will help companies save significant time and money for getting their product to the market.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-94,965 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$55,382 |
$0 |
|
Short-Term Debt |
$197 |
$0 |
|
Long-Term Debt |
$150,050 |
$0 |
|
Total Liabilities |
$150,247 |
$0 |
Financials as of: 02/10/2021
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Uruk Project Management (previously Uruk Platform) | 12/31/2022 | Wefunder | $12,000,000 | $77,550 | Convertible Note | Funded | RegCF |
| Uruk Platform | 04/30/2021 | Wefunder | $10,000,000 | $159,149 | Convertible Note | Funded | RegCF |
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