Planet Theta
Early Stage
Using Virtual Reality to Find Love in a Safe and Secure Environment
Overview
Raised: $6,550
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/05/2023
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$5,000,000
Valuation Cap
$6,500,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
324
% of Min. Goal
13%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$182
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,677,702 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,900 |
$0 |
|
Short-Term Debt |
$233,000 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$233,000 |
$0 |
Financials as of: 05/05/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.