Immersed
About this raise
Immersed, with a valuation of $200 million, is raising funds on Wefunder. The company has developed spatial computing software that uses AR/VR to virtualize the workforce. Immersed’s technology allows users to work together, whiteboard, and pair programs even while working remotely. The company is building an AI-trained Curator and a work-focused Visor and has been featured in Forbes, Fortune, Yahoo Finance, Bloomberg TV, and The New Yorker. Renji Bijoy founded Immersed in January 2017. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5 million. The campaign proceeds will be used for hiring and operations.
Investment Overview
Committed $542,150 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -31.8% YoY
- $220,413
- Monthly Burn
- $504,497
-
Runway
- 3.2 months
- Gross Margin
- 67%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $19,196,613
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/30/2025 | Wefunder | $200,000,000 | $542,150 | Convertible Note | Active | RegCF |
08/31/2023 | Wefunder | $147,000,020 | $3,313,387 | Equity - Common | Funded | RegCF |
04/04/2021 | Wefunder | $60,000,000 | $6,270,387 | Equity - Preferred | Funded | RegCF / RegD 506(c) |
08/07/2020 | Wefunder | $10,000,000 | $1,070,000 | SAFE | Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.