Uruk Project Management (previously Uruk Platform)

Early Stage

Uruk Platform enables organizations to complete projects faster and cheaper

Analytics

Raised to Date: 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
unlikely
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

Business Type

Growth

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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Uruk Project Management on Wefunder 2022
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $12,000,000
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