Fathom Technologies

Fathom Technologies

Closed: Mar. 2023

About this raise

Fathom Technologies, with a valuation of $10 million, is raising funds on Wefunder. The company has developed workplace technology for the modern and hybrid world. The full suite of hardware and software products of Fathom Technologies is focused on helping people be confident and stress-free at work, both at home and at the office. The first product of Fathom Technologies is called Fathom ONE has been designed in Sweden and Chicago and includes an ultra-wide screen, a UHD camera, automatic eye-level framing, intelligent adaptive lighting, and active performance tracking. Ani Mehta and Dennis Ekstrom founded Fathom Technologies in June 2022. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $1.24 million. The campaign proceeds will be used for engineering, product development, branding, marketing, and initial manufacturing.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
12/02/2022
Close Date
03/09/2023
Min. Goal
$1,000,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,500,000

Valuation Cap

$10,000,000

Discount

25%

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Dallas, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Ani Mehta
Title
CEO
Founder Name
Dennis Ekstorm
Title
CTO

Funding data not publicly available

Financials

 Revenue
$0
as of FY2022
 Cash on Hand
$97,200
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$97,200

$0

Accounts Receivable

$0

$0

Total Assets

$97,200

$0

Short-Term Debt

$11,987

$0

Long-Term Debt

$0

$0

Total Liabilities

$11,987

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/09/2023 Wefunder $10,000,000 $0 SAFE Not Funded RegCF
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Add to portfolio
Fathom Technologies on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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Follow Fathom Technologies on Wefunder 2022

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

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