Massage Robotics
About this raise
Massage Robotics, with a valuation of $15.2 million, is raising funds on StartEngine. The company is creating a massage robot enabled by machine learning, AI, and natural language processing. The massage robots of Massage Robotics will take care of therapists shortages, the problems of sexual misconduct, and the escalating prices at massage clinics. Massage Robotics is in the pre-revenue stage with an MVP and anticipates offering a Robot-as-a-Service monthly subscription for B2B wellness clinics. Christian Mackin and Sean Mackin founded Massage Robotics in April 2016. The current crowdfunding campaign has a minimum target of $9,999.45 and a maximum target of $1,069,200. The campaign proceeds will be used for demonstrations, manufacturing, production, and pilot placements.
Investment Overview
Invested : $175,615
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/13/2022
- Close Date
- 01/11/2023
$9,999
$1,069,200
$250
Equity - Common
Early Stage
RegCF
$1.35
$15,185,243
Company & Team
Company
- Year Founded
- 2016
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $310,116
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/11/2023 | StartEngine | $15,185,243 | $175,615 | Equity - Common | Funded | RegCF |