Planet Theta

Early Stage

Using Virtual Reality to Find Love in a Safe and Secure Environment

Overview

Raised to Date: 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    Open SEC Filing

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
unlikely
Avg. Daily Raise

$182

Momentum
cold.svg
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

Location

CHEYENNE, Wyoming

Business Type

High Growth

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%)

Edge

$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 Pro

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Planet Theta on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $6,500,000

Follow company

Follow Planet Theta on Wefunder 2023

Buy Planet Theta's Deal Report

Planet Theta Deal Report

Get KingsCrowd’s comprehensive report on Planet Theta including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Planet Theta is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Planet Theta deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge Pro