OpenSeed
About this raise
OpenSeed, with a valuation of $6 million, is raising funds on Wefunder. The company has developed meditation pods for workplaces and other commercial spaces. The meditation pods of OpenSeed are designed to induce calm and bring elevated states of mental wellbeing. OpenSeed has completed a 10-month pilot at Cambridge Innovation Center in Miami and a research study in Japan. The business has POs from two Fortune 500 companies and generated $200,000 in sales via licensing. Jonathan Marcoschamer founded OpenSeed in July 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,069,980. The campaign proceeds will be used for inventory, fulfillment of existing orders, marketing, wages, admin, and overhead expenses.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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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 |
---|---|---|---|---|---|---|
04/29/2024 | Wefunder | $6,000,000 | $0 | Equity - Preferred | Not Funded | RegCF |