Planet Theta
About this raise
Planet Theta, with a valuation of $6.5 million, is raising funds on Wefunder. The company is developing a VR dating app for people to find love in a safe and secure environment. The main differentiators of Planet Theta include its quantum immune security, unique concepts to protect women, and use of AI to help people find love and fix dates quickly. Planet Theta has been featured in over 1,900 publications, including Forbes, BBC, Vanity Fair, and NYT, and plans to launch the early access app by Summer 2023. Aurora Townsend founded Planet Theta in April 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for app development and marketing.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 05/05/2023
- Close Date
- 09/12/2023
$50,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$5,000,000
$6,500,000
0%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$139,809
as of FY2022
-
Runway
-
0 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $233,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/12/2023 | Wefunder | $6,500,000 | $0 | SAFE | Not Funded | RegCF |