Cityzenith (2022)
About this raise
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%.
Investment Overview
Invested : $1,111,078
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 07/06/2021
- Close Date
- 01/31/2022
$50,000
$5,000,000
$250
Equity - Common
Series E
RegCF
$1.50
$18,200,000
$36,400,000
Company & Team
Company
- Year Founded
- 2009
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/11/2022 | Issuance | $39,400,000 | $2,392,587 | Equity - Common | Funded | RegA+ |
| 01/31/2022 | Wefunder | $36,400,000 | $1,111,078 | Equity - Common | Funded | RegCF |
| 04/13/2021 | Rialto Markets | - | - | Equity - Common | Funded | RegA+ |
| 11/30/2020 | StartEngine | $27,461,863 | $720,779 | Equity - Common | Funded | RegA+ |
| 10/31/2019 | Republic | $20,000,000 | $1,070,000 | SAFE | Funded | RegCF |
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.