---
title: Rigor Build Fundraising Call 17-12
tags: mysticwhales, angel,
---
# Rigor Build Fundraising Call 17-12
- Current Round:
- Progress: 2M out of 3M Pre-seed round done (Mix of Crypto & Real Estate funds)
- Investment into Rigor LLC, not Rigor DAO (KYC required).
- Convertible note $20M cap with 15% discount. Investors in this $3M round will get 6% of eventual token supply
- Timeline: ASAP
- Cheque size: $50K. KYC required & accredited investors only
- This round is mainly to secure partners to get them to their next stage of growth & token event.
- In the next round, they're looking for fundraising lead during next round
- Fundraising for RigorDAO is upcoming at 2-4M. More for users to be part of the community.
Next Steps:
- [ ] Rigor team to send over a deck
- [ ] MW team to revert on decision
- [ ] Sydney: Reach out to B2B VC funds in New York (?)