Capitalization Table
Ownership structure and funding history
3
Founders
$2.64M
Pre-Money Valuation
$293K
Current Raise
10%
Equity Offered
Ownership Structure
Current (Pre-Investment)
Muhammad Noman Mansha
Co-Founder & CEO
33.33%
333,333 shares
Muhammad Usman Mansha
Co-Founder & CPO
33.33%
333,333 shares
Matti Ur Rehman
Co-Founder & CTO
33.34%
333,334 shares
Total Shares1,000,000
Post-Investment (Pro Forma)
Muhammad Noman Mansha
Co-Founder & CEO
30.00%
333,333 shares
Muhammad Usman Mansha
Co-Founder & CPO
30.00%
333,333 shares
Matti Ur Rehman
Co-Founder & CTO
30.00%
333,334 shares
New Investors
Pre-Seed Round
10.00%
111,111 shares
Total Shares1,111,111
Funding History
Bootstrap
2024
$0
N/A
Initial company formation and product development funded by founders
Investors:Founders
Pre-Seed (Current)
Q1 2026
$293K
$2.64M (Pre-Money)
18-month runway for UAE pilot launch, Saudi expansion, and team growth
Investors:Seeking Investors
Future Funding Roadmap
Seed Round
Q4 2026
Target Amount:
$1.5M - $2M
Estimated Valuation:
$8M - $10M
Purpose:
Scale operations across GCC, expand team, enhance AI capabilities
Series A
Q4 2027
Target Amount:
$5M - $8M
Estimated Valuation:
$25M - $35M
Purpose:
Regional expansion, B2B platform development, strategic partnerships
Important Notes
- •All shares are common stock with equal voting rights
- •Current raise is structured as a SAFE note with a $2.64M pre-money valuation cap
- •10% employee stock option pool to be created from the Series A round
- •All founders are subject to 4-year vesting with 1-year cliff
- •Pro forma calculations assume full conversion of SAFE notes at the valuation cap
- •Future round valuations are estimates based on market conditions and company performance
