Uruk Platform

Uruk Platform

Early Stage

Uruk Platform enables organizations to complete projects faster and cheaper

Uruk Platform enables organizations to complete projects faster and cheaper

Overview

Raised to Date: Raised: $159,149

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2021

Close Date

04/29/2021

Min. Goal
$150,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,000,000

Valuation Cap

$10,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

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

Location

Houston, Texas

Business Type

Growth

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

$53,953

$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: 02/09/2021
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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) 12/30/2022 Wefunder $12,000,000 $77,550 Convertible Note Funded RegCF
Uruk Platform 04/29/2021 Wefunder $10,000,000 $159,149 Convertible Note Funded RegCF
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Uruk Platform on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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