Cityzenith

Growth Stage

3D Digital Twin Solutions for the Global Building Industry

Analytics

Raised to Date: Raised: $862,507

Funding History

Aggregate Commitments $

Platform

Wefunder

Start Date

07/06/2021

Close Date

11/03/2021

Min. Goal

$50,000

Max. Goal

$5,000,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Series E

Pre-Money Valuation

$36,400,000

Rolling Commitments $

Status

Active

Reporting Date

10/17/2021

Days Remaining

% of Min. Goal

1,725%

% of Max. Goal

17%

Likelihood of Max
unlikely

Avg. Daily Raise

$8,374

Momentum

Logos provided by Clearbit

Location

Chicago, Illinois

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

SEC Filing

Company Website

Cityzenith, with a pre-money valuation of $36.4 million, is raising funds on Wefunder. The company has developed the SmartWorldOS Digital Twin software platform to solve the efficiency and carbon emissions problems related to buildings and infrastructure. The technology allows users to create virtual twins of physical buildings leading to cost savings and higher efficiencies. Michael Jansen founded Cityzenith in April 2009. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $5,000,000, will be used towards sales and marketing, project delivery, R&D, and working capital. Cityzenith’s technology helps cities cut costs by 35% and reduce carbon emissions by up to 100%.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$5,000	$152,018
COGS	$0	$0
Tax	$35,693	$47,035


Net Income	$-1,585,772	$-1,292,065

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$86,144	$483,321
Accounts Receivable	$0	$71,567
Total Assets	$1,038,801	$782,094
Short-Term Debt	$3,629,553	$3,501,339
Long-Term Debt	$52,423	$0
Total Liabilities	$3,681,976	$3,501,339

Financials as of: 07/06/2021

Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Cityzenith	04/13/2022	Issuance	$39,400,000	$182,922	Equity - Common	Active	RegA+
Cityzenith	11/03/2021	Wefunder	$36,400,000	$862,507	Equity - Common	Active	RegCF
Cityzenith	11/30/2020	StartEngine	$27,461,863	$720,779	Equity - Common	Funded	RegA+
Cityzenith	10/31/2019	Republic	$20,000,000	$1,070,000	SAFE	Funded	RegCF

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