FenSens

Early Stage

Smart wireless sensor technology for vehicles Invest.

Analytics

Raised to Date: Raised: $43,183

Aggregate Commitments $

Platform

Microventures

Start Date

02/08/2019

Close Date

04/08/2019

Min. Goal

$25,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Valuation Cap

$7,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

173%

% of Max. Goal

40%

Likelihood of Max
Funded
Avg. Daily Raise

$732

# of Investors

126

Momentum
Funded
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Location

Bellingham, Washington

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

FenSens, the smart wireless sensor technology company, is raising on MicroVentures. The company has a valuation cap of $7 million. FenSens is bringing new car technologies to all vehicles, irrespective of their age. Its flagship product, FenSens Wireless Parking Sensor, helps the vehicles to detect objects in front or behind them. The device has obtained a US patent for its design. The company was founded in 2015 was Andy Karuza and Nik Talreja. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $107,000. FenSens was profitable in 2018, with $97,700 in net income and revenues grew by 32.3% to $744,700.
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FenSens on Microventures
$
Platform: Microventures
Security Type: Convertible Note
Valuation: $7,000,000

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