NVIS (2022)

NVIS (2022)

Closed: Oct. 2022

About this raise

NVIS, with a valuation of $8 million, is raising funds on Fundify. The company is creating a revolutionary ‘invisible Internet’ by using decentralized authentication. The system allows businesses to create a global network of interconnected communities with decentralized management. The network of NVIS is secure and private and has zero configuration and a one-step connection. Phil Smith and Marilyn Hernandez founded NVIS in May 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used to grow and expand the network.

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Investment Overview

Not Funded: $2,000

Deal Terms

Total Commitments

Platform
Fundify
Start Date
05/22/2022
Close Date
10/15/2022
Min. Goal
$10,000
Max Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

0%

Company & Team

Company

Year Founded
2019
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Laguna Beach, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Phil Smith
Title
President
Founder Name
Marilyn A. Hernandez
Title
Director

Financials

 Revenue
$0
 Monthly Burn
$1,365
 Runway
6.3 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$1,600

$800

 

 

Net Income

$-16,381

$-9,735

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,662

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$10,077

$10,096

Long-Term Debt

$0

$0

Total Liabilities

$10,077

$10,096

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/15/2022 Fundify $8,000,000 $2,000 SAFE Not Funded RegCF
05/21/2022 Fundify $8,000,000 $65,150 SAFE Funded Test the Waters
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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

Employee History

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Add to portfolio
NVIS on Fundify 2022
Platform: Fundify
Security Type: SAFE
Valuation: $8,000,000

Follow company

Follow NVIS on Fundify 2022

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Warning: according to the close date for this deal, NVIS may no longer be accepting investments.

NVIS Deal Report

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  • Detailed price, market, team, differentiators, performance, and risk ratings
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