Sarafin AI is proud to announce that we have signed our first six figure Simple Agreement for Future Equity (SAFE).
The funds from this investment will support the development of the company's core Learning Management System (LMS) product.
As Sarafin's value has grown to well over US$3 Million in just six months, the company has engaged Torys LLP of Toronto to represent the firm's interests.
We expect to share more news about our historic journey from the Founder Institute to Silicon Valley in the coming weeks.
Founder Institute: https://fi.co
Torys LLP: https://www.torys.com/
Days remaining until the next Sarafin AI Board meeting
The Founder Institute is a California based business incubator, and is the world's largest (and most prestigious) idea stage entrepreneur training and startup launch program.
Sarafin AI was founded in 2021 and is incorporated in British Columbia.
The Founder Institute Equity Collective (Silicon Valley) holds a warrant equivalent to a percentage of Sarafin AI's fully diluted shareholding.
Sarafin AI: www.sarafin.io
Founder, CEO & Majority Shareholder: www.linkedin.com/in/kevinkach/
Black Entrepreneurship Program (Government of Canada): www.ic.gc.ca/eic/site/150.nsf/eng/home
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