Purism Crowdfunding Launched

Feb 05, 2024

The first public offering on StartEngine crossed the US$ 100,000 mark within 48 hours of launch.

Investing in Purism is not only possible but, for the first few days, they'll be adding bonus incentives to do so.

Purism has joined StartEngine so that the public can invest in the company so that it can continue cultivating a movement with top-tier computers, phones, and services.

According to Purism's StartEngine page, the reasons to invest include an alternative to big tech electronics that are made in the United States and market traction.

The company has shipped tens of thousands of devices to help consumers avoid big tech lock-in. According to Purism, the company "creates an alternative technology ecosystem to compete against the dominance of the tech giants and stands out in the market by offering peer-reviewable, privacy-respecting, and security-focused products. The strong belief that technology should serve its users and not exploit them is what drives our team of experts to provide easy-to-use products that empower individuals."

The minimum investment is $500 (at $4/share) and the current stats are $202,176.56 raised, 77 investors, and a $75M valuation. The company achieved $8M in revenue for the 2022 years, showcasing solid year-over-year growth from $5M in 2021. They've grown mostly from initial crowdfunding revenue ($2.5M raised for the Librem 5 phone, over $400,000 for the Librem 13 laptop, and nearly $600,000 for the Librem 15 laptop).

Head to the Purism StartEngine page to learn more about this investment opportunity.


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