Workspot (2023)

Workspot (2023)

Closed: Apr. 2023

About this raise

Workspot, with a valuation of $5.8 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company provides remote desktop service for enterprise clients to enable safe hybrid work from any location. The platform of Workspot is secure, accessible, and cost-effective and provides a cloud-native desktop-as-a-Service replacement for PCs and workstations. Amitabh Sinha, Puneet Chawla, and Ty Wang founded Workspot in 2012. The current crowdfunding campaign has a minimum target of $11,200 and a maximum target of $1.07 million. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $1,103,496

Deal Terms

Platform
OurCrowd
Start Date
03/09/2023
Close Date
04/14/2023
Min. Goal
$11,200
Max Goal
$1,070,000
Min. Investment

$11,200

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegD 506(c)

Pre-Money Valuation

$5,800,000

Company & Team

Company

Year Founded
2012
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Location
Campbell, California
Company Website
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Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/14/2023 OurCrowd $5,800,000 $1,103,496 Equity - Common Funded RegD 506(c)
03/01/2022 OurCrowd - $4,387,509 Equity - Common Funded RegD 506(c)
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

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Workspot on OurCrowd 2023
Platform: OurCrowd
Security Type: Equity - Common
Valuation: $5,800,000

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Follow Workspot on OurCrowd 2023

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Warning: according to the close date for this deal, Workspot may no longer be accepting investments.

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