CIRQ+

Early Stage

Smart + Clean Automation

Overview

Raised to Date: Raised: $64,515

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/17/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,234,993

Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

Funding Type

RegCF

Price Per Share

$8.50

Pre-Money Valuation

$28,571,713

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

87

% of Min. Goal

129%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$838

# of Investors

18

Momentum
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Location

Scottsdale, Arizona

Industry

Travel and Hospitality

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

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: 11/17/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
CIRQ+ 04/30/2023 Wefunder $28,571,713 $64,515 Equity - Preferred Active RegCF
CIRQ+ 06/29/2022 StartEngine $32,101,160 $12,750 Equity - Common Funded RegCF
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CIRQ+ on Wefunder 2022
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Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $28,571,713
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