Gemio

Gemio

[Closed for Investment] We have high-tech watches and high-tech phones -- and now, Gemio wants to bring you a high-tech bracelet. Gemio bands are customizable, and they connect you to friends, music, and sports. It has LED light effects and colors that respond to both the environment around you and other people, helping you sync up and experience an event together, whether you’re in the first row of a concert or at home on your couch. Gemio originally started as an accessory for electronic dance music festival-goers, but the company believes that Gemio bands will be in demand anywhere there’s an audience that unites under a common interest. So far, Gemio has earned $291,000 in revenue from 2017, and they have corporate deals with companies like Mercedes Benz/Live Nation and Caesar’s Entertainment. Notable investors include Facebook’s first VP of Sales and the ex-CPO of CRocs, and Gemio has eight pending utility patents. Plus, their CEO and co-founder was a lead executive at a $2B startup. It might be time to get up, stand up -- and sync up, via your Gemio bracelet.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
04/09/2018
Close Date
11/22/2018
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

10%

Company & Team

Company

Year Founded
2014
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Seattle, Washington
Company Website
Visit Website

Team

Employees
5

Funding data not publicly available

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
11/22/2018 Wefunder $10,000,000 $0 SAFE Not Funded RegCF
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Gemio on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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