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Silicon Prairie Holdings, Inc.

Raised to Date: 
$244,800
59 FlowerBOT Fans Invested

Min goal
$50,000
Stretch goal
$200,000
Invest Now
 Funded
ID: 
MN-SPHI-SAFE
Exemption: 
MNvest
Accredited Only: 
No
Minimum Goal: 
$50,000
Raise Start Date: 
Thursday, February 16, 2017
Raise End Date: 
Friday, February 16, 2018
Raise Target Date: 
Tuesday, May 16, 2017
Suggested Investment: 
$2,500
Target Goal: 
$200,000
Maximum Goal: 
$1,000,000
475 Cleveland Ave. N.
#103
St. Paul, MN 55104
United States

NOTE: This offering is closed. 

Silicon Prairie Holdings Inc (“SPHI” or “Silicon Prairie”) d/b/a Silicon Prairie Online is a financial technology (“FINTECH”) holding company, which owns Silicon Prairie Portal & Exchange llc (“SPPX”) an Investment Crowdfunding platform registered as a Portal Operator by the department of commerce in the state of Minnesota, and SPPX WI, llc a Wisconsin based and registered crowdfunding internet site. SPPX’s web portal is fully functional for use by Minnesota & Wisconsin companies (known as “issuers”), to raise capital from Minnesota or Wisconsin residents respectively (the “investors”).  The first offering will be for Silicon Prairie itself, as detailed in this plan.

Silicon Prairie is seeking capital to extend and expand the platform’s capabilities while also reaching out to new issuers and investors. Our offer has a minimum $50,000 and a maximum offering amount of $1,000,000 and is being made through a Simple Agreement for Future Equity (“SAFE”) instrument with a valuation cap of $10,000,000 and a 20% discount to the next equity financing, with a minimum investment of just $100.

Silicon Prairie’s main competitive advantage is the leveraging of distributed ledger technology (“DLT”) also known as a blockchain, built to enable significant scalability and transparency that is extremely secure, accurate and cost effective. This transformative technology when paired with a mobile application will improve current communications channels with issuers, and new voting and liquidity opportunities for investors.

Money raised will be used to reinforce Silicon Prairie’s competitiveness by investing in the following:

  • Extending Web based portal services to mobile platforms
  • Expanding functionality to add post-issue investor relations services including shareholder communications, electronic voting, and tax forms such as Schedule K-1 distribution
  • Marketing to potential issuers, small companies and start-ups
  • Explore process to become a federal crowdfunding portal

Future functionality may include providing issuers and investors liquidity through an exchange.

Portal Services start at $2,500 for issuers raising capital up to $1,000,000 dollars or less with a maximum hosting package price of $15,000 for raises over one million dollars. Other options and add-ons are available and detailed in this plan. Revenue projections show one issuer/customer per month that will then result in a small operating profit for 2017, before amortization expense of the capitalized software.

The offering has been filed with the Minnesota Department of Commerce (“Commerce”) under the MNvest (MN 80A.461) exemption that permits Silicon Prairie to make direct solicitation of both accredited and non-accredited investors and will be effective for up to twelve months from date of effectiveness unless terminated sooner if the offering reaches its subscription goals.

For more information see complete offering documentation available for download below.

Or contact: David V Duccini, Founder & CEO Silicon Prairie Holdings, Inc / 475 Cleveland Ave N, Suite 315 Saint Paul, MN 55104 PH: 651-645-7550