Virtuix on StartEngine 2023 – KingsCrowd

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Virtuix on StartEngine 2023 – KingsCrowd


Valuation Cap

$180,000,000

Rolling Commitments ($USD)

Reporting Date

02/16/2023

Probability of Max

Momentum

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Business

Media, Leisure & Publishing

Virtuix, with a valuation of $180 million, is elevating funds on StartEngine. The corporate is the creator of Omni, an omnidirectional treadmill that permits customers to stroll and run inside digital worlds. Omni is a first-of-its-kind movement platform that allows gamers to stroll and run in 360 levels. The latest product of the corporate is Omni One, which the corporate began delivery in January 2023 and has a waitlist of over 35,000 prospects. Jan Goetgeluk based Virtuix in December 2013. The present crowdfunding marketing campaign has a minimal goal of $10,000 and a most goal of $5 million. The marketing campaign proceeds can be used for stock, analysis and growth, and basic and administrative bills.

Abstract Revenue and Loss Assertion

Income

$3,709,966

$2,103,090

COGS

$3,128,272

$1,527,018

Tax

$36,889

$28,333

 

 

Web Revenue

$-4,703,384

$-3,845,456

Abstract Steadiness Sheet

Money

$5,809,264

$6,197,295

Accounts Receivable

$98,259

$195,861

Whole Property

$9,083,070

$7,760,032

Brief-Time period Debt

$36,614

$204,273

Lengthy-Time period Debt

$25,000

$24,669

Whole Liabilities

$61,614

$228,942

Financials as of: 02/16/2023

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Increase Historical past

Virtuix 04/17/2023 StartEngine $180,000,000 $0 SAFE
Lively
RegCF
Virtuix 04/25/2021 SeedInvest $65,000,000 $13,908,786 Fairness – Most well-liked
Funded
RegA+
Virtuix 07/31/2016 SeedInvest $35,000,000 $0 Fairness – Most well-liked
Funded
RegA+

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