HapTech Holdings

HapTech Holdings

Early Stage

Vibration to Amplify Your Senses and Mood

Vibration to Amplify Your Senses and Mood

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/27/2024

Close Date

09/23/2024

Min. Goal
$200,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$18,000,000

Valuation Cap

$20,000,000

Discount

15%

Year Founded

2022

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Location

Woodland Hills, California

HapTech Holdings, with a valuation of $20 million, is raising funds on Wefunder. The company is at the forefront of audio-haptic development and is pioneering innovative uses of vibrational frequencies. HapTech Holdings owns 16 patents for 360-degree audio-haptic feedback that converts audio into vibrations you can feel from your feet to your entire body. The technology finds applications in fully immersive entertainment and healthcare solutions. Brent Williams and Stephen Dansiger founded HapTech Holdings in March 2022. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1.24 million. The campaign proceeds will be used for R&D, product development, G&A, operations, inventory, and payroll.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,307,667

$-140,415

Summary Balance Sheet

FY 2023 FY 2022

Cash

$24,066

$0

Accounts Receivable

$0

$0

Total Assets

$240,532

$235,416

Short-Term Debt

$376,191

$76,382

Long-Term Debt

$0

$0

Total Liabilities

$376,191

$76,382

Financials as of: 05/27/2024
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HapTech Holdings on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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