FLUUX
About this raise
FLUUX, with a valuation cap of $2 million, is raising funds on SeedInvest. The company has created a smartphone accessory that uses technology, analytics, and medical expertise to empower vape users to quit vaping. The smartphone battery case can store and charge a JUUL and gets paired with the FLUUX mobile app to keep track of users’ vaping usage with detailed analytics. FLUUX was founded by Chadwick Manning, Colin Barceloux, and Himanshu Shah in 2019. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $750,000, and the funds will be used towards marketing and advertising, new product development, operations, and salaries. FLUUX has a paid pilot with Japanese Tobacco International to make a FLUUX case for the corporation’s Logic Vaporizer.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- SeedInvest
- Start Date
- 03/18/2020
- Close Date
- 05/04/2020
$25,000
$750,000
$1,000
Convertible Note
Pre-Seed
RegCF
/ RegD 506(c)
$2,000,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/04/2020 | SeedInvest | $2,000,000 | $0 | Convertible Note | Not Funded | RegCF / RegD 506(c) |