iMovR
About this raise: iMovR wants you to get up and move -- even while at the office. With 85% of people sedentary when at their jobs, iMovR is here to help you become more active at work. They design high-tech, patented,and patent-pending standing desks, as well as other active workstations, such as treadmill desks and sit-to-stand meeting tables. Plus, all their products come complete with smartphone apps and cloud connectivity. iMovR is the first company to earn a NEAT certification from The Mayo Clinic, and they manufacture most of their products in the US. So far, their revenue to date is $9.84M, and they have over 11,000 customer accounts. They’ve earned a revenue CAGR of 107% since their 2013 launch, and they’re backed by investors like Barbara Corcoran. The bottom line? iMovR is here to stay (and stand), and they’re bringing corporate wellness to a whole new level.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- SeedInvest
- Start Date
- 04/18/2018
- Close Date
- 06/25/2018
$20,000
$1,070,000
$1,000
Equity - Preferred
RegCF
/ RegD 506(c)
$1.95
$22,000,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Bellevue, Washington
- Company Website
-
Visit Website
Team
- Employees
- 19
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/25/2018 | SeedInvest | $22,000,000 | $0 | Equity - Preferred | Not Funded | RegCF / RegD 506(c) |