FenSens
Early Stage
Smart wireless sensor technology for vehicles Invest.
Overview
Raised: $43,183
Total Commitments ($USD)
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
SEC Filing Type
RegCF
Valuation Cap
$7,000,000
Discount
0%
Rolling Commitments ($USD)
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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Year Founded
2016
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Bellingham, Washington
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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