Heavys

Heavys

Closed: Dec. 2022

About this raise

Heavys, with a valuation of $16 million, is raising funds on Wefunder. The company has engineered headphones for heavy metal music using its patented technology. The technology of Heavys makes music louder without damaging hearing and mimics live sound environments with eight total sound drivers. Heavys headphones are made by metalheads for metalheads. Jonathan Habshush founded Heavys in March 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.07 million. The campaign proceeds will be used for the development of new products, expansion of the team, and manufacturing and fulfillment.

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Investment Overview

Invested this round: $59,250

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
09/01/2022
Close Date
12/21/2022
Min. Goal
$50,000
Max Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$12,000,000

Valuation Cap

$16,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Jonathan Habshush
Title
CEO
Founder Name
Guy Feingold
Title
COO

Financials

 Revenue
$0
 Monthly Burn
$21,905
 Runway
15.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$48

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-262,862

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$341,109

$0

Accounts Receivable

$3,500

$0

Total Assets

$352,589

$0

Short-Term Debt

$0

$0

Long-Term Debt

$615,451

$0

Total Liabilities

$615,451

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,182,155
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/21/2022 Wefunder $16,000,000 $59,250 SAFE Funded RegCF
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Add to portfolio
Heavys on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $16,000,000

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Follow Heavys on Wefunder 2022

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

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