Uruk Project Management (previously Uruk Platform)

Uruk Project Management (previously 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: $77,550

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/08/2022

Close Date

12/31/2022

Min. Goal
$50,000
Max. Goal
$378,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/31/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$329

# of Investors

22

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 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: 05/08/2022
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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) 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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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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

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