Ujama Inc.

Soko is the Farmers’ Market App, spreading the goodness of farmers’ markets to the world.

Claim My Business
Security Type
Technology, Retail, Financial Services, Food & Bev, Community & Lifestyle
Min Investment
Cupertino, CA
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

Farmers' markets are popular and growing (grew by 63% from 1994 to 2000)
The 8,600 farmers' markets in the US make $1.5B annual revenue and host 150K vendors.
Farmers' markets largely operate without the benefit of modern eCommerce and CRM tools.
Soko helps farmers' markets and the people that sell there thrive and grow.

Management Team / Advisory Board Bios

Hugh Molotsi Founder and CEOFormer VP of Innovation and Engineering Fellow at Intuit.

He helped launch Intuit's $1B+ payments business and several other small business products and services., Padmaja Tarra Head of ProductPassionate product person always looking at easy, intuitive and elegant tools to solve consumer problems., Ken Toren Head of Business DevelopmentKen Toren has held a variety of executive roles as CEO, co-founder, Board Member, advisor and investor in companies/organizations ranging from enterprise and consumer technology to mobile apps, healthcare, and major non-profits., Heather Anderson Head of MarketingI'm a marketing expert who specializes in brand strategy, strategic partnerships, user acquisition and user experience for consumer-facing brands and technology.
Amount Raised : $70,000
Reveal the Score by Voting
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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
The value of the company compared to similar companies raising money from investors.

Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

Research Reports

No reports have been submitted

Become a Reporter