The Seed Raise Leaps Forward
[For the original story, click here]
Last Friday, ARKHAUS closed on $400k of investment, continuing to advance forward on its seed round. This now brings the total raised to $660K of the $3MM seed round. Another $450K has already been soft-circled and will be funded over the next 2–3 months. Here is how we visualize the round:
[Seed Round]
$260K — Closed Previously
+ $400K — Closed Friday
$660K — Closed to Date
+ $450k — Soft Circled (next 3 mos)
$1.11mm — Round Progress
+ $890K — Additional for Launch
$2mm — Round Minimum
+ $1mm — Contingency
$3mm — Desired Round
[Pre-Seed Round]
$900k — Closed 2022
If you’d like to learn more and consider an investment, please see our investment presentation here. You can contact me by simply replying to this email.
Sam Payrovi
CEO & Co-Founder