HOLOFIT by Holodia

Early Stage

VR Fitness App for Oculus/Pico Devices

Analytics

Raised to Date: Raised: $335,978

Aggregate Commitments $

Platform

Wefunder

Start Date

09/01/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$15,000,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

10/05/2022

Days Remaining

207

% of Min. Goal

672%

% of Max. Goal

67%

Likelihood of Max
extremely
Avg. Daily Raise

$9,882

# of Investors

269

Momentum
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Location

Dover, Delaware

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

HOLOFIT by Holodia, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a VR-based fitness app for Oculus and Pico devices. The VR fitness app, HOLOFIT, is multi-device and cross-platform and uses real-time graphics content to enable users to travel through original worlds as they work out. HOLOFIT by Holodia has over 65,000 monthly active users and more than 350,000 downloads. Shahin Lauritzen founded HOLOFIT by Holodia in February 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for hiring new QA staff, expansion of the Art team, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$600,148

$236,525

COGS

$371,864

$121,187

Tax

$0

$0

 

 

Net Income

$-458,914

$-590,444

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$457,571

$76,390

Accounts Receivable

$16,029

$17,466

Total Assets

$952,850

$578,709

Short-Term Debt

$108,822

$30,974

Long-Term Debt

$381,465

$1,093,774

Total Liabilities

$490,287

$1,124,748

Financials as of: 09/01/2022
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HOLOFIT by Holodia on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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