FenSens (2017)

FenSens (2017)

About this raise

FenSens, with a valuation of $2 million, is raising funds on SeedInvest. It is a smart wireless sensor technology company that is bringing new car technologies to all vehicles, irrespective of their age. Its flagship product, FenSens Wireless Parking Sensor, helps vehicles detect objects in front or behind them and has obtained a US patent for its design. Andrew Karuza founded FenSens in July 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $350,000. The campaign proceeds will be used for product development, manufacturing, patent protection acquisition, inventory, marketing, and advertising.

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Investment Overview

Invested this round: $164,375

Deal Terms

Platform
SeedInvest
Start Date
03/09/2017
Close Date
06/19/2017
Min. Goal
$100,000
Max Goal
$350,000
Min. Investment

$500

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$2,000,000

Discount

20%

Company & Team

Company

Year Founded
2016
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Bellingham, Washington
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
as of FY2016
 Cash on Hand
$0
as of FY2016

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
FenSens 04/08/2019 Microventures $7,000,000 $43,183 Convertible Note Funded RegCF
FenSens 06/19/2017 SeedInvest $2,000,000 $164,375 Convertible Note Funded RegCF / RegD 506(c)
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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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FenSens on SeedInvest 2017
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $2,000,000

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Follow FenSens on SeedInvest 2017

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

FenSens Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
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  • Scores on the founding team and key personnel's background and expertise

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