# Unitonomy July Update | Unitonomy

- Canonical URL: https://wefunder.com/feed/147882
- Entity ID: wefunder:feed_item:147882
- Published at: 2021-08-27 00:20:48 UTC
- Updated at: 2025-07-16 16:20:01 UTC

## Author
Cory Forsyth

## Subject
Unitonomy

## Content
Hello fellow WeFunder investors! Below I’m passing along the July Unitonomy update to you from Charley. But before that, there is some exciting news related to the SAFE (Simple Agreement for Future Equity) that you, as a WeFunder Investor in Unitonomy, are a part of.As a reminder, for several reasons, including the ability to better focus on OrgVitals, Unitonomy recently became a holding company that owns the majority of both OrgVitals and GLVVV. Your ownership of Unitonomy therefore includes a stake in both OrgVitals Inc. and GLVVV Inc.OrgVitals recently raised capital at a $2.7 million post-money valuation. Based on Unitonomy’s 71% ownership of OrgVitals, that gives a derived valuation of Unitonomy at $1.92 million.The Unitonomy team used that event to offer all Unitonomy SAFE holders the opportunity to convert the SAFE into equity, which all have done, including my exercise of the SAFEs held by the WeFunder investors. What that means for you is that whereas previously your WeFunder investment was represented by the SAFE — an agreement for future equity — you now, via WeFunder, own actual equity in the form of preferred shares of stock of Unitonomy.This is a good deal for SAFE holders because the valuation was below the post-money valuation cap of $5 million and the 10% discount from the SAFE was applied (meaning that conversion of your investment into shares was calculated at a discounted price of 90% of the price per share based on the company’s valuation — resulting in more shares for you).The Unitonomy team can help out by answering any questions that arise should you have any.And below you’ll find the investor update from Charley that I’m passing along here.GLVVV:No updates. I'm looking for introductions to potential founders that are passionate about personal information management.SAFE Conversion:As we have mentioned previously, with the capital raise recently completed by OrgVitals (now a subsidiary of Unitonomy), we are giving all SAFE holders the opportunity to convert the SAFE into preferred shares according to the same terms that shares were issued in the OrgVitals raise. OrgVitals raised capital at $2.7 million post-money valuation so we are using that number to derive the $1.92 million valuation of Unitonomy (based on Unitonomy’s 71% ownership of OrgVitals).  OrgVitals:One Unitonomy investor asked me to explain the OrgVitals business model in simple terms. Here's a quick video explaining the OrgVitals business model.July was a great month for OrgVitals: we've attracted two all-star caliber players to the team, we are hours away from releasing a major update to the product, and we've stoked a dozen conversations related to future opportunities across sales, partnerships and future funding opportunities. Looking forward, we're building up nicely for September and a big fall. The product will soon have the first core feature that leapfrogs the market (the network map visualization that layers people and culture data across all the people in an organization to reveal influence, equity, and the people that drive org performance).