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OnPlace Inc.

OnPlace Inc.

Become an investor of private companies with OnPlace Inc.

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Deal Type

Convertible Note

Funding Goal

$5,000,000

Current Reservations

$22,050,000

Minimum Reservation

$250,000

Deal Stage

Bridge to Series A

Interest (% per year)

5.00%

Term Length (Months)

2 months

Valuation Cap

$100,000,000

Conversion Discount (%)

15%

Warrant Coverage (%)

N/A

Open Date

02/05/2018

Maximum Reservation

$5,000,000

Closing Date

04/05/2018

Elevator Pitch

OnPlace aims to make the VC world more efficient by using Blockchain technology to dispose of unnecessary complexity, allowing to elicit maximum potential of investments.

Company Overview


OnPlace is a FinTech platform that allows you to elicit maximum potential from your investments.


⁃ We introduce closed OTC assets into market turnover and create liquidity for them.

⁃ We open up opportunities for investing into funds of the fastest growing tech companies in the world with low entry thresholds.

⁃ We grant the investor community complete freedom of action based on the principle of total decentralization.

⁃ We ensure the ease of entry and exit from deals and relieve investors of unnecessary red tape.

⁃ We simplify the investment mechanism using blockchain technology and smart tokens.

⁃ We transform shares into tokenized smart contracts. Investments via the PATS protocol are protected by a smart contract and guaranteed shareholder rights.


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Technology

Tokenization - the process of creating a digital token in accordance with the technology of smart contracts, which is based on a specific underlying asset. Tokenization is the process of transforming the storage and management of an asset, wherein each asset is given a corresponding digital double.


Traction

  • Seed $700,000

    February, 2017
  • Seed $500,000

    November, 2016
  • Series A $1,100,000

    May, 2017

Pitch Deck

Key Customers & Partners

www.tmission.io Civic Secure Identity Ecosystem

Previous Funding

  • $500,000 Equity
  • Raise Source: Self
  • December 2016
  • $600,000 Equity
  • Raise Source: Investors
  • January 2017
  • $1,100,000 Other
  • Raise Source: Investors
  • July 2017

Documents

Confidential

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