MyXR
About this raise: MyXR, with a post-money valuation of $14.998 million, is raising crowdfunding on NetCapital. The company develops and distributes SaaS software for augmented reality & artificial intelligence engagement. MyXR was founded in 2017. The crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $249,999. The company is ready to globally introduce its latest platforms, MYXR Engage 2.0x and the MYXR Experience Platform 3.0.
Investment Overview
Invested : $50,733
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 12/23/2020
- Close Date
- 03/26/2021
$10,000
$249,999
$100
Equity - Common
Seed
RegCF
$3.44
$14,998,304
Company & Team
Company
- Year Founded
- 2017
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -95.7% YoY
- $25,286
- Monthly Burn
- $27,538
-
Runway
- 0.1 months
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/26/2021 | Netcapital | $14,998,304 | $50,733 | Equity - Common | Funded | RegCF |
Founder Profile
MyXR CEO Hans Koch on AR and Engagement
Customer engagement is a vital need for thousands of companies. Increasingly, a sleek digital presence is a pre-requisite for fostering that engagement. And as tools like augmented reality and virtual reality become more commonplace, consumers may expect such experiences when they interact with their favorite companies online.MyXR wants to make it easier for companies to create that digital, AR-enhanced experience. The company has created customizable platforms that businesses can use to drive their customer engagement. We recently sat down with CEO Hans Koch to learn about the decades of development that have gone into MyXR's products and what potential investors should know about the company.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.