OmniPad

OmniPad

Closed: Apr. 2019

About this raise

OmniPad is the world’s first circular-moving omnidirectional treadmill for VR and exercise. It’s a continuous revolving circular tread-driven omnidirectional exercise machine that operates like a conventional treadmill, but also allows the user to naturally walk, run, or jog in any direction. OmniPad currently has a patent on the treadmill design, two new provisional patents, and domestic and international trademarks. They’ve also commenced prototype development, including molds and specialized tooling. OmniPad believes this machine will allow people to do more than just exercise -- from walking through a video game, to strolling through the ocean floor, the possibilities are endless.

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Investment Overview

Invested this round: $53,107

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/02/2018
Close Date
04/30/2019
Min. Goal
$50,076
Max Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.07

Pre-Money Valuation

$9,630,000

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Location
Redwood City, California
Company Website
Visit Website

Team

Employees
1

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/21/2020 Razitall $2,500,000 $0 CAFES Not Funded RegCF
04/30/2019 Wefunder $9,630,000 $53,107 Equity - Common Funded RegCF
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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

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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OmniPad on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $9,630,000
Price per Share: $1.07

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

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