Chimani
Chimani
About this raise
Chimani, a mobile visitor guide to America’s National Parks, is raising crowdfunding on Republic. The company has a valuation cap of $5 million and helps visitors plan their trips to the national parks. The app and website of Chimani is a comprehensive guide to 418 national parks in the US and helps visitors to find appropriate activities, navigate their way, receive alerts, and even locate the nearest restroom. Chimani was founded by Kerry Gallivan in March 2015 and has already raised $825,000 from previous investors. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $1,070,000. Chimani already has 2,100 active paid users and has reported a 2000% subscription growth since the launch of a new subscription model.
Investment Overview
Not Funded: $86,592
Financials
-
Revenue
-
$0
as of FY18
- Monthly Burn
-
$7.5K
as of FY18
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Runway
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0.7 months
as of FY18
Summary
The Chimani team has been selected as a “Deal To Watch” by KingsCrowd. This distinction is reserved for deals selected into the top 10-20% of our due diligence funnel. If you have questions regarding our deal diligence and selection methodology please reach out to hello@kingscrowd.com.
Check out our discussion with Founder & CEO of Chimani, Kerry Gallivan, which was conducted as part of our due diligence process.
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/17/2019 | Republic | $5,000,000 | $86,592 | SAFE | Not Funded | RegCF |