Sagoon offering is now closed and is no longer accepting investments.

INVEST IN SAGOON TODAY!

Connect. Share. Earn.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Sagoon

$202,469.00 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS

1980 Teasel Ct Suite 400
Woodbridge, VA 22192
VALUATION

$77.26M

TEAM

Govinda Giri
Govinda Giri
Founder & CEO

Govinda Giri started building Sagoon as a ‘search engine’ in the basement of his home in the Washington DC area and launched it in 2009. That was a start. Time passed, the world changed. Later, he discovered changing users’ trends and behavior with respect to their online lives: ‘Search vs Share’. In social sharing, he quickly realized that current online social interaction had become an addiction rather than a replacement for people’s offline lives. In 2014, he pivoted Sagoon as a social commerce platform aimed to change the way people use and interact with social media today. Govinda has more than 20 years of working experience in management and IT solutions. At Sagoon, he is responsible for deciding the overall direction of the company and product strategy. His expertise in network design and the development of communication tools allows him to fulfill his role of “chief architect” at Sagoon. Additionally, he manages the service and development of Sagoon’s core technology and infrastructure. Govinda is a Cisco-certified network professional and a Microsoft-certified system engineer, who holds a provisional patent for the Random Vector Model Information Relation Method, a core technology developed to resolve computing problems. He has received many awards and accolades due to his contributions to the IT sector. Born and raised in Nepal, Govinda has been based in Washington, DC for over 23 years.

Kabin Sitoula
Kabin Sitoula
Co-founder

Kabin Sitoula brings over 15 years of experience in finance and marketing in the private sector to his role as Sagoon’s community outreach specialist. Prior to joining Sagoon in 2014, Sitoula worked at Premier Financial Alliance as the field director for more than four years. At Sagoon, he is responsible for building market strategies, and raising funds and awareness among members of the local community. He currently works part time with the company and is also a self-employed realtor and insurance agent.

Swati Dayal
Swati Dayal
Co-founder

Swati Dayal has over eight years of experience in web and mobile product design and development. Prior to joining Sagoon in 2014, she worked at Sparx Technologies (located in Noida, India) as a senior UI/UX designer for mobile and web for more than five years. Ms. Dayal is product and operations head at Sagoon, and is responsible for developing innovative products; managing operational systems; strategic planning, process and policy; and the successful delivery of the company’s goals and objectives.

TERMS

Sagoon
Overview
PRICE PER SHARE
$23
DEADLINE
Dec 29, 2018
VALUATION
$77.26M
AMOUNT RAISED
$202,469.00
Breakdown
MIN INVESTMENT
$1,012.00
MAX INVESTMENT
$106,996.00
MIN NUMBER OF SHARES OFFERED
435
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
MAX NUMBER OF SHARES OFFERED
46,521

Maximum Number of Shares Offered subject to adjustment for bonus shares

Maximum 46,520 shares of Class C Common Stock ($1,069,983.00)

Minimum 435 shares of Class C Common Stock ($10,005.00)


Company
Sagoon, Inc.
 

Corporate Address
1980 Teasel Ct. Woodbridge, VA 22192
 

Description of Business
A social commerce platform whose goal is to define the global standard for social media with it's social path: CONNECT – SHARE – EARN.
 

Type of Security Offered
Class C Common Stock
 
Purchase Price of Security Offered
$23.00 per share of Class C Common Stock
 

Minimum Investment Amount (per investor) 
$1,012.00 (44 shares)


Classes of Common Stock

There are three classes of Common Stock authorized.  Each share of Class A Common Stock has one vote.  Class B Common Stock is non-voting.  Each share of Class C Common Stock has 1/10 of a vote.  The securities offered in this Offering are Class C Common Stock and have limited voting rights.














Investment Rewards

See campaign page or screenshots for full description of campaign perks.


Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

PRESS

Article Image
Sagoon Files for Regulation A+ (Mini-IPO) - Plans to raise $20 million starting February 2017

Washington DC, January 10, 2017 --- Sagoon ( www.sagoon.com ), a US/India based social commerce startup, announced the filing of a Regulation A+ (Mini-IPO) with the US Securities and Exchange Commission (SEC) to offer an investment opportunity mostly to a large pool of potential public investors who already are a part of Sagoon users, fans and supporters.

Article Image
Sagoon, a Social ComCommerce Platform based in Washington D.C., Now Offers Accredited Investors an Investment Opportunity.

New Delhi, India (June 29, 2016) ­­ S​agoon, Washington DC and New Delhi based social startup has announced today it has launched a private placement (506 ©) an investment opportunity for accredited investors in India to buy as little as $5,000.

Article Image
Sagoon launches ‘Help Nepal’ - online tool for Nepal earthquake relief

In the aftermath of the devastating earthquake to hit Nepal on Saturday, which resulted in the death of 3,300 Nepalese citizens, Sagoon has set up an online tool, ‘Help Nepal’ to aid the ongoing relief efforts being carried out in the worst affected areas.

Article Image
Sagoon, Created by Cowboy-Turned-Entrepreneur from Nepal, Begins Anew in 2015; Showcases Social Smart Card and 'ME' Page

Sagoon debuts the one-purpose Social Smart Card and the well-designed 'ME' (professional and personal information) page.

Article Image
Sagoon Inc. Announces Launch of Next-Generation Sagoon Version 2.0 in Kathmandu

Sagoon Inc., a Washington DC-based start-up, will launch Sagoon version 2.0 on November 8, 2015 in Kathmandu.

ALL UPDATES

11.27.18

Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Sagoon has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Sagoon be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

11.06.18

Notice of Funds Disbursement

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Sagoon has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Sagoon be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

10.26.18

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Sagoon offering. Here's an excerpt describing the specifics of the change:


Extending campaign for 60 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

09.13.18

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Sagoon offering. Here's an excerpt describing the specifics of the change:


Correction for updated campaign end date requiring all investors to reconfirm.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

09.12.18

Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Sagoon offering. Here's an excerpt describing the specifics of the change:


Sagoon has extended the end date of their campaign by 30 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

JOIN THE DISCUSSION













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RAISED
$202,469.00
INVESTORS
77
MIN INVEST
$1,012.00
VALUATION
$77.26M

@ 2022 All Rights Reserved

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