Immerse Underwater Safari

Immerse Underwater Safari

Closed: Sep. 2021

About this raise

Immerse Underwater Safari, with a $6 pre-money valuation, is raising funds on Wefunder. The company organizes underwater safaris that help save the planet. The safaris remove plastics from oceans and provide real-time data to scientists dealing with problems related to underwater life. Keith Crossland founded Immerse Underwater Safari in January 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,070,000, will be used for submersible and drone acquisition, infrastructure and support equipment, and company setup and operations. Immerse Underwater Safari has a 10-year exclusive contract with three 5-star resorts, The Ritz Carlton, Patina, and Capella, in the Maldives. The company will take the guests on underwater safaris in their state-of-the-art submersibles.

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Investment Overview

Not Funded: $82,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
01/18/2021
Close Date
09/15/2021
Min. Goal
$100,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$250.00

Pre-Money Valuation

$6,000,000

Company & Team

Company

Year Founded
2020
Industry
Travel and Hospitality
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
New York City, New York
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Keith Crossland
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$21
 Runway
24+ months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-246

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,254

$0

Accounts Receivable

$0

$0

Total Assets

$1,254

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/15/2021 Wefunder $6,000,000 $82,500 Equity - Preferred Not Funded RegCF
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Add to portfolio
Immerse Underwater Safari on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $6,000,000
Price per Share: $250.00

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