Uruk Project Management (previously Uruk Platform)
Uruk Platform enables organizations to complete projects faster and cheaper
Analytics
Raised: $57,150
Aggregate Commitments $
Platform
Wefunder
Start Date
05/09/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$378,000
Min. Investment
$100
Security Type
Convertible Note
Funding Type
RegCF
Series
Seed
Valuation Cap
$12,000,000
Discount Rate
20%
Rolling Commitments $
Status
Active
Reporting Date
08/13/2022
Days Remaining
260
% of Min. Goal
114%
% of Max. Goal
15%
Likelihood of Max
Avg. Daily Raise
$595
Momentum
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Location
Houston, Texas
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Uruk Project Management, with a valuation of $12 million, 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. Uruk platform is ready to use for early adopters and has about 60 users exploring the platform. Mounir A. Ajam founded Uruk Project Management in June 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $378,000. The campaign proceeds will be used for outreach, sales, marketing, management, product development, and legal fees.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-191,381 |
$176,210 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$84,010 |
$22,007 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$85,248 |
$23,341 |
|
Short-Term Debt |
$274,366 |
$47,862 |
|
Long-Term Debt |
$251,987 |
$225,214 |
|
Total Liabilities |
$526,353 |
$273,076 |
Financials as of: 05/09/2022
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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) | 04/30/2023 | Wefunder | $12,000,000 | $57,150 | Convertible Note | Active | RegCF |
| Uruk Platform | 04/30/2021 | Wefunder | $10,000,000 | $159,149 | Convertible Note | Funded | RegCF |
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