About this raise: AEXLAB, with a $12 million pre-money valuation, is raising funds on StartEngine. It is a virtual reality company offering unparalleled technology experience to gamers. The company has developed interactive VR technology for high-quality, immersive, and social gaming experiences. Jonathan Ovadia founded AEXLAB in January 2021. The proceeds of the current crowdfunding round, with a minimum raise of $9,996 and a maximum raise of $1,069,998, will be used for innovation, growth, and expansion. AEXLAB is soon going to launch its first gaming franchise, VAIL, which aims to redesign gamers’ lobbies. The solutions offered by the company will not only be used in esports but also for haptics, firearm simulation, VR human interfaces, and audio spatialization.

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Investment Overview

Invested this round: $1,069,891

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
02/24/2021
Close Date
07/07/2021
Min. Goal
$9,996
Max. Goal
$1,069,998
Min. Investment

$102

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.00

Pre-Money Valuation

$12,000,000

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Miami, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Elizabeth Ann Clark
Title
Chief Creative Officer
Founder Name
Jonathan Ovadia
Title
CEO
Founder Name
Albert Ovadia
Title
CTO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/24/2025 DealMaker Securities $108,245,220 $59,491 Equity - Common Active RegCF
11/30/2021 StartEngine $51,008,980 $1,399,466 Equity - Common Funded RegCF
07/07/2021 StartEngine $12,000,000 $1,069,891 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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AEXLAB on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,000,000
Price per Share: $6.00

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