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Invest in Kargoo

Connecting shoppers with travelers to deliver products by renting the traveler’s unused luggage space.

  • $26,000Amount raised
  • $1,000Minimum
  • $4,000,000Valuation cap

Purchased securities are not currently tradeable. Expect to hold your investment until the company lists on a national exchange or is acquired.

Kargoo is offering securities under both Regulation D and Regulation CF through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 7.50% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. Investments made under both Regulation D and Regulation CF involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Furthermore, the contents of the Highlights, Term Sheet sections have been prepared by SI Securities and shall be deemed broker-dealer communications subject to FINRA Rule 2210 (the “Excluded Sections”). With the exception of the Excluded Sections noted above, this profile contains offering materials prepared solely by Kargoo without the assistance of SI Securities, and not subject to FINRA Rule 2210 (the “Issuer Profile”). The Issuer Profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Investors should review the risks and disclosures in the offering's draft. The contents of this profile are meant to be a summary of the information found in the company’s Form C. Before making an investment decision, investors should review the company’s Form C for a complete description of its business and offering information, a copy of which may be found both here and below.


Company Highlights

  • Co-Founder and CEO, Karla Valdivieso, previously founded Komlep, a Product Factory for more than 50 Startups in Latin America, focused on transforming ideas into products via a 4-step product creation process
  • The global courier, express, and parcel (CEP) market is currently estimated to be $330+ billion USD, and expected to be worth $400+ billion USD by 2024
  • Currently, the number of digital buyers is estimated at 1.92 billion worldwide, which is projected to reach 2.14 billion by 2021
  • Shoppers in Kargoo have requested more than $1.5 million in products, over 3300+ orders, since its launch in January 2019
  • Strategic Advisor, Amy Webb, is an NYU professor and founder of the Future Today Institute

Fundraise Highlights

  • Total Amount Raised: US $26,000
  • Total Round Size: US $1,070,000
  • Raise Description:  Seed
  • Minimum Investment:  US $1,000 per investor
  • Security Type:  Crowd Note
  • Valuation Cap:  US $4,000,000
  • Offering Type:   Side by Side Offering

Kargoo connects shoppers with travelers to deliver products by renting the traveler’s unused luggage space. We are aiming to change the way all products are delivered around the globe. We see ourselves as "The next Airbnb for luggage".


Kargoo is a technologically advanced system set to revolutionize the buying and shipping of products. Shoppers are able to purchase products not available or too expensive to purchase locally and receive the item courtesy of travelers when arriving at their destination.

Kargoo eliminates the logistical nightmare and sky-high shipping costs that many people incur when ordering from abroad. Kargoo is committed to making it easier to obtain products from other countries while giving travelers the opportunity to discover the world and earn money on their own terms.

With Kargoo, shoppers can avoid expensive shipping fees, lost packages and delayed delivery dates. Kargoo offers shoppers a 100% warranty of their payments through an escrow system, flexibility of payment methods, refunds, and real-time tracking of products.

For travelers, Kargoo provides a higher level of trust by allowing the traveler to safely purchase the product and know what they are carrying at all times. Kargoo offers travelers an additional income, express payout methods, and up-to-date information about country regulations.

Media Mentions

The Team

Founders and Officers

Karla, the CEO of Kargoo, is committed to making the world a more connected and united place by making it easier to obtain products from other countries while giving travelers the opportunity to earn money as they travel.

For more than 8 years, Karla has been heavily involved in the startup ecosystem in Latin America and has been focused on the future of shared cities through sustainable development via emerging markets and sharing economy. To further pursue this dream, Karla founded Komlep in 2012 - a Product Factory, focused on transforming ideas into products via a 4-step process for Startups in Latin America.

Karla is a proud member of Global Shapers and Shaper Impact Capital. Has lead several tech events including bootcamps and Startup Weekends as an Organizer and has 10+ years of experience in UX / UI design, product management, and business development.

Karla Valdivieso

CEO

Karla, the CEO of Kargoo, is committed to making the world a more connected and united place by making it easier to obtain products from other countries while giving travelers the opportunity to earn money as they travel.

For more than 8 years, Karla has been heavily involved in the startup ecosystem in Latin America and has been focused on the future of shared cities through sustainable development via emerging markets and sharing economy. To further pursue this dream, Karla founded Komlep in 2012 - a Product Factory, focused on transforming ideas into products via a 4-step process for Startups in Latin America.

Karla is a proud member of Global Shapers and Shaper Impact Capital. Has lead several tech events including bootcamps and Startup Weekends as an Organizer and has 10+ years of experience in UX / UI design, product management, and business development.

Carlos has 10 years of experience in systems development. His passion for technological innovation, led him to work as director of the infrastructure, operations, and services through Quipux for the government of Brazil and Colombia.

Carlos was CTO of Komlep, a factory of digital products for more than 6 years and has worked as a software developer with 20+ Startups in Latin America.

As the CTO of Kargoo, his vision is focused in process automation and innovation through machine learning.

Carlos Monsalve

CTO

Carlos has 10 years of experience in systems development. His passion for technological innovation, led him to work as director of the infrastructure, operations, and services through Quipux for the government of Brazil and Colombia.

Carlos was CTO of Komlep, a factory of digital products for more than 6 years and has worked as a software developer with 20+ Startups in Latin America.

As the CTO of Kargoo, his vision is focused in process automation and innovation through machine learning.

Key Team Members

Daniela Balseca

Financial Planner and Coordinator

Jessica Castano

Business Operation

Diego Villa

Software Engineer

Notable Advisors & Investors

Amy Webb

Advisor, Strategic Advisor

Term Sheet

A Side by Side offering refers to a deal that is raising capital under two offering types. If you plan on investing less than US $20,000.00, you will automatically invest under the Regulation CF offering type. If you invest more than US $20,000.00, you must be an accredited investor and invest under the Regulation D offering type.

Fundraising Description

  • Round type:
    Seed

  • Round size:
    US $1,070,000

  • Raised to date:
    US $26,000
    US $1,000 (under Reg CF only)

  • Minimum investment:
    US $1,000

  • Target Minimum:
    US $200,000
  • Key Terms

  • Security Type:
    Crowd Note

  • Conversion discount:
    20.0%

  • Valuation Cap:
    US $4,000,000

  • Interest rate:
    5.0%

  • Note term:
    24 months
  • Additional Terms

  • Investor Proxy Agreement

    All non-Major Purchasers will be subject to an Investment Proxy Agreement (“IPA”). The IPA will authorize an investment Manager to act as representative for each non-Major Purchaser and take certain actions for their benefit and on their behalf. Please see a copy of the IPA included with Company's offering materials for additional details.


  • Custody of Shares

    Investors who invest $50,000 or less will have their securities held in trust with a Custodian that will serve as a single shareholder of record. These investors will be subject to the Custodian’s Account Agreement, including the electronic delivery of all required information.


  • Closing conditions:
    While Kargoo has set an overall target minimum of US $200,000 for the round, Kargoo must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to Kargoo's Form C.

  • Transfer restrictions:
    Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.

  • Use of Proceeds

    Investor Perks

    First 15 investors automatically receive "Kargoo" unique luggage tag.

    $2,500 +Fanny Pack Package 

    • Kargoo unique luggage tag
    • Optional social media shout-out

    $5,000 + : Briefcase Package

    • Kargoo unique luggage tag
    • Optional social media shout-out
    • Surprise delivery. Includes one product from a foreign country.

    $25,000 + : Backpack Package

    • Kargoo unique luggage tag
    • Optional social media shout-out
    • Surprise delivery. Includes two products from a foreign country.
    • Plaque to commemorate this offering

    $50,000 + : Carry-on Package

    • Kargoo unique luggage tag
    • Optional social media shout-out
    • Surprise delivery. Includes three products from a foreign country.
    • Plaque to commemorate this offering
    • $150 Kargoo gift card

    $100,000 + : Luggage Set Package

    • Kargoo unique luggage tag
    • Optional social media shout-out
    • Surprise delivery. Includes four products from a foreign country.
    • Plaque to commemorate this offering
    • $250 Kargoo gift card
    • An in-person meeting with the Founder and Executive Team in Los Angeles.

    It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

    Prior Rounds

    The graph below illustrates the valuation cap or the pre-money valuation of Kargoo's prior rounds by year.


    This chart does not represent guarantees of future valuation growth and/or declines.

    Other

  • Round Size
    US $80,000
  • Closed Date
    Feb 14, 2018
  • Security Type
    Convertible Note
  • Valuation Cap
    US $1,750,000
  • Market Landscape

    Courier, express, and parcel (CEP) market size worldwide between 2016 and 2022 (in billion dollars).


    The Courier, Express, and Parcel (CEP) Industry has experienced high growth rates across the world and is expected to reach close to USD 500 billion by 2022. More importantly, e-commerce is the major growth driver of the CEP market, generating significant revenues for the industry. The rise in e-commerce business in recent years is increasing business opportunities for shipping goods and continues to increase as 2.14 billion people are expected to purchase products worldwide by 2021 (Statista). 

    With e-commerce sales on the rise, couriers do not have the capacity or network to quickly deliver products due to infrastructure and technological inefficiencies - This has presented a significant opportunity for Kargoo to focus on ‘last mile’ delivery. The ‘last mile’ of delivery describes the final step of the process where the package is delivered to the shopper which is the most expensive and time-consuming part of the shipping process. Kargoo is reinventing the parcel industry and is looking to disrupt the ‘last mile’ delivery. Kargoo is accomplishing this by connecting shoppers to travelers who can deliver products faster and at a more affordable price. 

    Risks and Disclosures

    We have not prepared any audited financial statements. Therefore, you have no audited financial information regarding the Company’s capitalization or assets or liabilities on which to make your investment decision. If you feel the information provided is insufficient, you should not invest in the Company.

    The Total Amount Raised, as reflected on the SeedInvest platform, may be partially comprised of investments from the Company’s management or affiliates. Such investments are not being counted towards the escrow minimum. If the sum of the investment commitments does not equal or exceed the escrow minimum at the offering end date, no securities will be sold in the offering, investment commitments will be cancelled, and committed funds will be returned. As a result, the Total Amount Raised may not be reflective of the Company's ability to conduct a closing.

    The reviewing CPA has included a “going concern” note in the reviewed financials. Specifically, the Note states that “The Company has incurred losses from inception of $19,810 which, among other factors, raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon management's plans to raise additional capital from the issuance of debt or the sale of stock, its ability to commence profitable sales of its flagship product, and its ability to generate positive operational cash flow. The accompanying financial statements do not include any adjustments that might be required should the Company be unable to continue as a going concern.

    The Company’s success depends on the experience and skill of the board of directors, its executive officers, and key team members. In particular, the Company is dependent on Karla Valdivieso. There can be no assurance that the key team members will continue to work on the Company for a particular period of time. The loss of the Company's key employees or any member of the board of directors or executive officer could harm the Company’s business, financial condition, cash flow and results of operations.

    The development and commercialization of the Company’s products and services are highly competitive. It faces competition with respect to any products and services that it may seek to develop or commercialize in the future. Its competitors include major companies worldwide. Many of the Company’s competitors have significantly greater financial, technical and human resources and may have superior expertise in research and development and marketing approved services and thus may be better equipped than the Company to develop and commercialize services. These competitors also compete with the Company in recruiting and retaining qualified personnel and acquiring technologies. Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements with large and established companies. Accordingly, the Company’s competitors may commercialize products more rapidly or effectively than the Company is able to, which would adversely affect its competitive position, the likelihood that its services will achieve initial market acceptance and its ability to generate meaningful additional revenues from its products and services.

    The Company has no history upon which an evaluation of its prospects and future performance can be made. Its proposed operations are subject to all business risks associated with new enterprises. The likelihood of its creation of a viable business must be considered in light of the problems, expenses, difficulties, complications, and delays frequently encountered in connection with the inception of a business, operation in a competitive industry, and the continued development of advertising, promotions, and a corresponding client base. There can be no assurances that the Company will ever operate profitably. You should consider the Company's business, operations and prospects in light of the risks, expenses, and challenges faced as an early-stage company.

    The Company’s cash position is relatively weak. The Company currently has only approximately $2,000 in cash balances as of November 7, 2019. This equates to less than one month of runway. The Company could be harmed if it is unable to meet its cash demands, and the Company may not be able to continue operations if they are not able to raise additional funds.

    The Company must correctly predict, identify, and interpret changes in consumer preferences and demand, offer new updates to meet those changes, and respond to competitive innovation. Consumer preferences for the Company's platform and services may change continually. Its success depends on its ability to predict, identify, and interpret the tastes and habits of consumers and to offer services that appeal to consumer preferences. If the Company does not offer services that appeal to consumers, its sales and market share may decrease. It must distinguish between short-term fads, mid-term trends, and long-term changes in consumer preferences. If the Company does not accurately predict which shifts in consumer preferences will be long-term, or if it fails to introduce new and improved capabilities or features to satisfy those preferences, its sales could decline. In addition, because of its varied customer base, it must offer an array of solutions that satisfy the broad spectrum of consumer preferences. If the Company fails to expand its offerings successfully across different categories, or if it does not rapidly develop features in faster growing and more profitable categories, demand for its platform or services could decrease, which could materially and adversely affect its sales, financial condition, and results of operations.

    In addition, achieving growth depends on its successful development, introduction, and marketing of innovative new services or features. Successful innovation depends on its ability to correctly anticipate customer and consumer acceptance, to obtain, protect and maintain necessary intellectual property rights, and to avoid infringing the intellectual property rights of others and failure to do so could compromise its competitive position and adversely impact its business.

    The Company is dependent on the leisure travel industry. The Company’s financial prospects are significantly dependent upon leisure travelers using its services. Leisure travel, including leisure airline tickets, are dependent on personal discretionary spending levels. Leisure travel services tend to decline during general economic downturns and recessions. If worldwide economic conditions worsen, it could lead to a general decrease in leisure travel and travel spending, which would negatively impact the demand for the Company's services. Additionally, events beyond the Company’s control also may adversely affect the leisure travel industry, with a corresponding negative impact on its business and results of operations. Natural disasters or outbreaks of pandemics and epidemics have disrupted normal leisure travel patterns and levels. The leisure travel industry is also sensitive to other events, such as work stoppages or labor unrest at major airlines, political instability, regional hostilities, increases in fuel prices, imposition of taxes or surcharges by regulatory authorities, travel related accidents, and terrorist attacks, any of which could have an impact on its business and results of operations.

    The Company’s Board does not keep meeting minutes from its board meetings. Though the Company is a Delaware Corporation and Delaware does not legally require its corporations to record and retain meeting minutes, the practice of keeping board minutes is critical to maintaining good corporate governance. Minutes of meetings provide a record of corporate actions, including director and officer appointments and board consents for issuances, and can be helpful in the event of an audit or lawsuit. These recordkeeping practices can also help to reduce the risk of potential liability due to failure to observe corporate formalities, and the failure to do so could negatively impact certain processes, including but not limited to the due diligence process with potential investors or acquirers. There is no guarantee that the Company’s board will begin keeping board meeting minutes.

    The Company has previously engaged in related party transactions. Specifically, during 2018, members of the Company advanced funds to the Company to be used in operations totaling $32,530, all of which remains outstanding at December 31, 2018. These advances are non‐interest bearing and have no maturity date. Additionally, in October 2019, these advances were rolled into a promissory note. The promissory note carries no interest and is due in full January 2021.

    Prior to the offering, the Company conducted operations through Founders’ personal banking accounts. Although the Company has since opened a corporate account, and has confirmed its intent to conduct future operations through this business account, the prior lack of a corporate account may subject the Company to certain risks, and may indicate poor corporate governance or accounting oversight. Specifically, there is a risk that it may be more difficult to ascertain the accuracy and transparency of the Company’s past accounting for prior operations, as well as the financial statements and models on which the Company is relying. This could have negative consequences on the Company’s operations including mismanagement of finances or cash flow.

    General Risks and Disclosures

    Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.

    Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for these shares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a "liquidation event" occurs. A "liquidation event" is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

    The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.

    Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.

    You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events — through continuing disclosure that you can use to evaluate the status of your investment.

    Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company's employees, including its management. You should carefully review any disclosure regarding the company's use of proceeds.

    Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.

    Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company's board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.

    Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors") Representatives of SI Securities, LLC are affiliated with SI Advisors, LLC ("SI Advisors"). SI Advisors is an exempt investment advisor that acts as the General Partner of SI Selections Fund I, L.P. ("SI Selections Fund"). SI Selections Fund is an early stage venture capital fund owned by third-party investors. From time to time, SI Selections Fund may invest in offerings made available on the SeedInvest platform, including this offering. Investments made by SI Selections Fund may be counted towards the total funds raised necessary to reach the minimum funding target as disclosed in the applicable offering materials.

    Kargoo's Form C

    The Form C is a document the company must file with the Securities and Exchange Commission, which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Download Kargoo's  Form C

    Frequently Asked Questions

    About Side by Side Offerings
    What is Side by Side?

    A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.


    What is a Form C?

    The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.


    What is Rule 506(c) under Regulation D?

    Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.


    What is Reg CF?

    Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $1 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive securities, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.


    Making an Investment in Kargoo
    How does investing work?

    When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Kargoo. Once Kargoo accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Kargoo in exchange for your securities. At that point, you will be a proud owner in Kargoo.


    What will I need to complete my investment?

    To make an investment, you will need the following information readily available:

    1. Personal information such as your current address and phone number
    2. Employment and employer information
    3. Net worth and income information
    4. Social Security Number or passport
    5. ABA bank routing number and checking account number (typically found on a personal check or bank statement)

    If you are investing under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.


    How much can I invest?

    An investor is limited in the amount that he or she may invest in a Reg CF offering during any 12-month period:

    • If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth.
    • If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.

    Separately, Kargoo has set a minimum investment amount of US $1,000.

    Accredited investors investing $20,000 or over do not have investment limits.


    After My Investment
    What is my ongoing relationship with the Issuer?

    You are a partial owner of the company, you do own securities after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.

    In certain circumstances a company may terminate its ongoing reporting requirement if:

    1. The company becomes a fully-reporting registrant with the SEC
    2. The company has filed at least one annual report, but has no more than 300 shareholders of record
    3. The company has filed at least three annual reports, and has no more than $10 million in assets
    4. The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
    5. The company ceases to do business

    However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.


    How can I sell my securities in the future?

    Currently there is no market or liquidity for these securities. Right now Kargoo does not plan to list these securities on a national exchange or another secondary market. At some point Kargoo may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Kargoo either lists their securities on an exchange, is acquired, or goes bankrupt.


    How do I keep track of this investment?

    You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.


    Other General Questions
    What is this page about?

    This is Kargoo's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the Kargoo's Form C. The Form C includes important details about Kargoo's fundraise that you should review before investing.


    How can I (or the company) cancel my investment under Regulation CF?

    For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours before a closing occurs or an earlier date set by the company. You will be sent a reminder notification approximately five days before the closing or set date giving you an opportunity to cancel your investment if you had not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your securities have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, you may go to your account's portfolio page by clicking your profile icon in the top right corner.


    What if I change my mind about investing?

    If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your securities have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your account's portfolio page by clicking your profile icon in the top right corner.