Homecrowd sourcedKartorium on Wefunder 2022 - KingsCrowd

Kartorium on Wefunder 2022 – KingsCrowd

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Security Type

Convertible Note

Reporting Date

07/31/2022

Likelihood of Max

extremely

Momentum

hot.svg

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Location

Anchorage, Alaska

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Kartorium, with a valuation of $3.5 million, is raising funds on Wefunder. The company has developed a drag-and-drop digital-twin platform that helps organizations integrate and visualize all of their data. The platform allows users to create a 3D digital twin of their physical assets and documents, map the data surrounding physical assets to virtual models, and see how the physical assets are doing in the real world. Kartorium has been selected by the Alaska Angel Conference 2022 investors and has $200,000 in made and committed revenue so far in 2022. Jay Byam founded Kartorium in January 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for continued product development, sales, salaries, and marketing.

Summary Profit and Loss Statement

Revenue

$1,761

$0

COGS

$0

$0

Tax

$7,240

$0

 

 

Net Income

$-147,234

$0

Summary Balance Sheet

Cash

$132,748

$0

Accounts Receivable

$0

$0

Total Assets

$132,748

$0

Short-Term Debt

$29,982

$0

Long-Term Debt

$0

$0

Total Liabilities

$29,982

$0

Financials as of: 07/29/2022

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