Destiny Robotics (2022)

Destiny Robotics (2022)

Closed: Jul. 2022

About this raise

Destiny Robotics, with a valuation of $25 million, is raising funds on Wefunder. The company has developed the first humanoid human assistant with its socially intelligent humanoid robot. Destiny will serve as the personal assistant and trustworthy companion to millions of people looking for automated helpers. Destiny Robotics is led by a world-class team and backed by Google for Startups and NVIDIA Inception. Megi Kavtaradze founded Destiny Robotics in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for product development, business development, marketing, and operations.

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Investment Overview

Invested this round: $141,455

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/16/2022
Close Date
07/06/2022
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$20,000,000

Valuation Cap

$25,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Miami, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Megi Kavtaradze
Title
CEO
Founder Name
Jason Jordan
Title
Chief Robotics Officer

Financials

 Revenue
$0
 Monthly Burn
$193
 Runway
6.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,310

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,190

$0

Accounts Receivable

$0

$0

Total Assets

$1,415

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/20/2023 truCrowd - $53,250 SAFE Funded RegCF
07/06/2022 Wefunder $25,000,000 $141,455 SAFE Funded RegCF
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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

Employee History

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Destiny Robotics on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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Warning: according to the close date for this deal, Destiny Robotics may no longer be accepting investments.

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