Fathom Technologies
Early Stage
Workplace technology designed for today's hybrid world
Overview
Raised: $158,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
12/02/2022
Close Date
02/10/2023
Min. Goal
$1,000,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
Funding Type
RegCF
Valuation Cap
$10,000,000
Discount Rate
25%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
8
% of Min. Goal
16%
% of Max. Goal
13%
Likelihood of Max
Avg. Daily Raise
$2,548
Momentum
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Location
Dallas, Texas
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
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 |
Financials as of: 12/02/2022
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