Peeka VR
Early Stage
Jump into the pages of your favorite books in VR with Peeka!
Overview
Raised: $27,343
Total Commitments ($USD)
Platform
Fundopolis
Start Date
11/19/2019
Close Date
11/18/2020
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.37
Pre-Money Valuation
$3,900,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/30/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$75
# of Investors
43
Momentum
Not Funded
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Year Founded
2016
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Peeka VR, bringing picture books to life, is raising funds on Fundopolis. The company uses virtual reality to bring picture books to life for kids to be a part of their favorite books and stories. Peeka VR has built a virtual reality book library and platform to host its VR experiences and has already created three VR picture book experiences. Peeka VR was founded by Hunter Stutsman, Michael Wong, and Alex Comfortes in 2017 and raised $60,000 in its pre-seed round of funding. The proceeds of the current crowdfunding round, with a minimum goal of $50,000, will be used to integrate with strategic partners, complete new app features, grow content moat, onboard new enterprise partners, and acquire more downloads and users. Peeka VR has already launched its VR reading programs in the states of Idaho and South Carolina and plans to expand to Washington DC by the end of the year.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$17,130 |
$500 |
|
COGS |
$14,235 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-19,525 |
$-48,019 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,534 |
$11,981 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$10,534 |
$11,981 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$15,000 |
$0 |
|
Total Liabilities |
$15,000 |
$0 |
Financials as of: 11/19/2019
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