Immersed
About this raise: Immersed, with a $10 million valuation cap, is raising crowdfunding on Wefunder. The technology of Immersed allows users to work together, even while working remotely. It allows users to work together, whiteboard, and pair-program, just like working together in-person. Immersed was founded by Renji Bijoy in 2017 and has raised over $2 million since its founding. The proceeds of the current crowdfunding round, with a minimum target of $250,000 and a maximum target of $1,070,000, will be used for tech infrastructure costs, equipment, hiring, travel and conferences, and legal and operating costs. Immersed has partnered with Facebook to launch to millions of Oculus users in the next few weeks. The technology is highly advanced and allows co-workers to teleport to each other’s virtual offices to collaborate.
Investment Overview
Invested : $1,070,000
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/16/2020
- Close Date
- 08/07/2020
$250,000
$3,930,000
$100
SAFE
Seed
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Team
- Employees
- 8
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2025 | Wefunder | $200,000,000 | $0 | 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.