Heleum

Heleum

Automated cryptocurrency trading and automated consumer finance apps.

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Security Type
SAFE
Categories
Technology
Offering Date
July 03, 2018
Expected Close Date
October 01, 2018
Target Raise
$1.07M
Deal Notes
  • Future Equity (SAFE)
  • $10M valuation cap
  • 20% discount

Company Description

Heleum automatically trades cryptocurrencies on Uphold.com. Users don't have to know anything about investing, trading, programming, or cryptocurrencies. Our web app is completely hands-free. In addition to integrating machine learning algorithms to improve our app performance, we'll be adding more consumer finance apps and expanding to other trading markets, like stocks, futures, and forex.

Perks

$250+ 70% Share of Gains in your Heleum Account! Get a personalized Thank You email from the Heleum Team.
$1,000+ 75% Share of Gains in your Heleum Account! Get Recognized! We'll mention you in the Heleum app, or add a personal message to the app for you.
$2,500+ 80% Share of Gains in your Heleum Account! Free Crypto Tax Reporting Subscription (Sponsored by TaxBit)
$5,000+ 85% Share of Gains in your Heleum Account! Design Your Own 1% Boost! Pick a special date where all users can enjoy an additional performance boost.
$50,000+ 90% Share of Gains in your Heleum Account! A Day with Heleum! Visit the Office,  Hot Air Balloon Ride, Dinner with the Team.

Key Deal Facts

5,000 new users in 96 countries
Hands-free cryptocurrency trading
Expanding to all asset classes
Launching multiple apps and going mobile

Use of Proceeds

If we raise: $100,000

  • 50% Algorithm Development
  • 40% Product Design
  • 5% Sales & Marketing
  • 5% Wefunder Intermediary fee

If we raise: $1,070,000

  • 40% Algorithm Development
  • 30% Product Design
  • 25% Sales & Marketing
  • 5% Wefunder Intermediary fee

Management Team / Advisory Board Bios

Pace Ellsworth
CEO
Pace is a seasoned fintech marketer with a love for languages, automation, & future tech.

Taylor Ellsworth
CTO
Taylor has been in software development since 2011. He has a passion for saving people money.

Deal Notes

  • Future Equity (SAFE)
  • $10M valuation cap
  • 20% discount
Amount Raised : $120,159
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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