BizzTech

Early Stage

Virtual reality and metaverse platform that offers 100% digital meeting environments

Overview

Raised to Date: Raised: $3,625

Total Commitments ($USD)

Platform

Microventures

Start Date

11/18/2022

Close Date

04/17/2023

Min. Goal

$25,000

Max. Goal

$950,000

Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$6,000,000

Discount Rate

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

74

% of Min. Goal

15%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$48

# of Investors

18

Momentum
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Location

Temple, Texas

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

BizzTech, with a valuation of $6 million, is raising funds on MicroVentures. The company has developed a virtual reality and metaverse platform that provides environments for digital meetings. The platform, Tookeo, is an alternative space for events, business communities, in-person meetings, and digital meetings. BizzTech allows its customers to rent out existing 3D environments, integrate into already tailored 3D environments, or request a bespoke metaverse platform. The company is gaining a footing and onboarded its first paying customer in October 2022. Dirk Schmidt and Rosi Vieira founded BizzTech in July 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $950,000. The campaign proceeds will be used for product development, operations, marketing, software development fees, and technology and overhead.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,255

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$8,431

$0

Short-Term Debt

$2,169

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,169

$0

Financials as of: 11/18/2022
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BizzTech on MicroVentures 2022
$
Platform: Microventures
Security Type: Convertible Note
Valuation: $6,000,000

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