Orthogonal on Wefunder

A socially conscious holding company.

CLOSED

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Orthogonal Website

minimum raise

$50,000

maximum raise

$283,000

start date

07/09/2018

stop date

01/19/2019

security type

SAFE

investment minimum

$100

raised to date

$376,948

reporting date

CLOSED

number of investors

457

percent of minimum raised

754%

percent of maximum raised

133%

likelihood of reaching max

Likely to Reach Max

dollars per day to reach max

$0

dollars per day committed

$1,943

dollars per day - category-

$1,019

dollars per day committed - all companies

$815
More SEC Filing Data on Orthogonal from Crowdfilings.com

As founder David Nikzad puts it, “Orthogonal is a holding company and ecosystem that unites the desire to make money with doing good for the planet and society.” Orthogonal controls equity stake in companies that have the goal of serving the greater good and truly helping the world we live in. Then, in return, Orthogonal gets operational resources, a management ecosystem, and mentorship. They help catapult companies to success by “providing them with a monetization strategy, operational support, compliance / regulatory guidance and connect them with our investor network.” They were one of the first pre-institutional investors in Betterment in 2009, which is now valued at $800M and manages over $13B in assets, and they currently have 28 companies rolled up under their holdings. Plus, they were already able to raise $251,000 from 240 Wefunder investors in May 2018.