About this raise
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.
Investment Overview
Invested : $409,681
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/01/2022
- Close Date
- 04/30/2023
$50,000
$500,000
$100
SAFE
Early Stage
RegCF
$15,000,000
10%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +154% YoY
- $600,148
- Monthly Burn
- $38,243
-
Runway
- 12 months
- Gross Margin
- 38%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,567,819
- VC Backed?
- No