---
# System prepended metadata

title: Rigor Build Fundraising Call 17-12
tags: [mysticwhales, ' angel']

---

---
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 (?)
