Glydsphere

Glydsphere

Glydsphere, with a valuation of $1 million, is raising funds on MicroVentures. The company makes engine speaker systems designed specifically for electric vehicles. Glydsphere simulates familiar combustion engine sounds and other noises to help enhance personalization and the overall driving experience for car enthusiasts and signifies an advancement towards electric mobility. The system is currently compatible with Model 3, Model Y, Model S, and Model X Teslas and gives users access to over 50 sports car and futuristic engine sounds. Johannes Luckemeier founded Glydsphere in August 2024. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for a new integrated solution, algorithm expansion, marketing, staffing, and events.

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Investment Overview

Raised this Round: Raised: $8,410

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
09/17/2024
Close Date
02/24/2025
Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$800,000

Valuation Cap

$1,000,000

Discount

0%

Company & Team

Company

Year Founded
2024
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Denton, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Johannes Luckemeier
Title
CEO

Financials

as of July 30, 2024
 Revenue
$57,342
 Monthly Burn
$2,000
 Runway
6.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$57,342

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-85,082

$-14,379

Summary Balance Sheet

FY 2023 FY 2022

Cash

$10,729

$61,500

Accounts Receivable

$0

$0

Total Assets

$376,368

$21,750,085

Short-Term Debt

$8,294

$13,398

Long-Term Debt

$0

$0

Total Liabilities

$8,294

$13,398

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/24/2025 Microventures $1,000,000 $8,410 Convertible Note Active RegCF
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Add to portfolio
Glydsphere on MicroVentures 2024
Platform: Microventures
Security Type: Convertible Note
Valuation: $1,000,000

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