Planet Theta
Early Stage
Using Virtual Reality to Find Love in a Safe and Secure Environment
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/04/2023
Close Date
09/12/2023
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
Not Funded
Reporting Date
09/11/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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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: 05/04/2023
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