CIRQ+

CIRQ+

Early Stage

Smart + Clean Automation

Smart + Clean Automation

Overview

Raised this Round: Raised: $68,715

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/16/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$1,234,993
Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$8.50

Early Bird Valuation

$25,714,542

Pre-Money Valuation

$28,571,713

Year Founded

2016

Industry

Travel and Hospitality

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Scottsdale, Arizona

Business Type

Growth

CIRQ+, with a valuation of $28.6 million, is raising funds on Wefunder. The company provides a smart automation platform for commercial properties. The flagship product of CIRQ+, CBOT, is the world’s first autonomous disinfection robot that can protect offices, schools, senior living, and healthcare. The platform also connects to room devices in commercial buildings and reduces energy usage by up to 40%. Yani Deros and Jodi Deros founded CIRQ+ in December 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$30,000

$0

COGS

$408,649

$0

Tax

$0

$0

 

 

Net Income

$-598,828

$160,866

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,673

$4,995

Accounts Receivable

$0

$44,400

Total Assets

$2,521

$344,902

Short-Term Debt

$873,541

$605,920

Long-Term Debt

$1,000,000

$1,000,000

Total Liabilities

$1,873,541

$1,605,920

Financials as of: 11/16/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
CIRQ+ 04/29/2023 Wefunder $28,571,713 $68,715 Equity - Preferred Funded RegCF
CIRQ+ 06/28/2022 StartEngine $32,101,160 $12,750 Equity - Common Funded RegCF
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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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CIRQ+ on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $28,571,713
Price per Share: $8.50

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