Gongago

Gongago

The One-Stop Digital Concierge

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Security Type
Equity
Categories
Consumer Goods & Products
Min Investment
$104
Offering Date
October 30, 2018
Expected Close Date
January 29, 2019
Target Raise
$10.00K-$107.00K
Deal Notes

$0.55/share of Common Stock.

We are offering $106,999.75 in Common Stock at a $3.025M pre-money valuation. Investors and supporters who participate will own the same class of stock as future company employees.

For those who believe in the future of the rapidly growing mobile generation and online advertising sector this is an excellent opportunity to invest in a high risk, potentially high reward early stage SaaS, B2B, & B2C technology company.

Company Description

The One-Stop Digital Concierge

Use of Proceeds

If we raise the Target Offering Amount of $9,999.55 we plan to use these proceeds as follows:

  • StartEngine Platform Fees: 6.0%
  • Marketing: 24.0%
  • Working Capital: 70.0%

If we raise the over allotment amount of $106,999.75, we plan to use these proceeds as follows:

  • StartEngine Platform Fees 6.0%
  • Marketing: 24.0%
  • Research & Development: 10.0%
  • Company Employment: 40.0%
  • Operations: 10.0%
  • Working Capital: 10.0%

Management Team / Advisory Board Bios

Founder, CEO and Director
James holds a B.S. degree in Information & Computer Sciences from University of California, Irvine. He is a highly passionate individual who loves solving real world problems with technology. James has owned several small businesses and worked in the public sector for numerous years and has a background in finance, accounting, & real estate as well. He also served as an adviser on the development of a county assessors mobile property assessment app. When he's not tinkering around on the computer he enjoys photography, nature, traveling and spending time with his family. James has been working full-time on Gongago from 2015 to present.

Deal Notes

$0.55/share of Common Stock.

We are offering $106,999.75 in Common Stock at a $3.025M pre-money valuation. Investors and supporters who participate will own the same class of stock as future company employees.

For those who believe in the future of the rapidly growing mobile generation and online advertising sector this is an excellent opportunity to invest in a high risk, potentially high reward early stage SaaS, B2B, & B2C technology company.

Amount Raised : $208
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Equity is a stock or any other security representing a direct ownership interest.

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