Focusmate

Focusmate

Closed: Jan. 2019

About this raise: Focusmate lives up to its name. It helps you focus when distractions abound. They’re building the “digital workplace of the future -- the digital environment where people will go to get things done.” Simply decide when you want to work and the times you want to be productive, then launch the Focusmate video session. Through Focusmate’s pilot, 96% of their users said the product improves their productivity by at least half, and 51% of users have converted to paying customers, with active users booking 11 fifty-minute appointments every week. Their daily active users are growing 20% MoM, and they’ve already gained $350,000 in backing from top investors including CoVenture, Betaworks, Towerview Ventures, and Nir Eyal.

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Investment Overview

Invested this round: $123,567

Deal Terms

Total Commitments ($USD)

Platform
Republic
Start Date
09/21/2018
Close Date
01/18/2019
Min. Goal
$25,000
Max. Goal
$350,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2016
Industry
Business Services, Software, & Applications
Tech Sector
Location
New York, New York
Company Website
Visit Website

Team

Employees
1

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/18/2019 Republic - $123,567 SAFE Funded RegCF
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Focusmate on Republic
Platform: Republic
Security Type: SAFE

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

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