SwingZen

Early Stage

Don't just play the game. Excel at it.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/08/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$14,500,000

Discount Rate

15%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

87

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Location

Franklin, Tennessee

Industry

Business Services, Software, & Applications

Tech Sector

GamingTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

SwingZen, with a valuation of $14.5 million, is raising funds on Wefunder. The company has developed a comprehensive platform that uses AI technology for golf training. The patent-pending technology of SwingZen can measure speed with only a camera phone and track the body, club, and ball. SwingZen functions as a state-of-the-art training system and accurately tracks the range of motion of a golfer’s body, club, and swing dynamics using any smartphone. Glen Yarbrough founded SwingZen in December 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for app development, general salaries, marketing, and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$2,098

$229

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-22,578

$-26,520

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$554

$14,768

Accounts Receivable

$0

$0

Total Assets

$143,975

$148,620

Short-Term Debt

$139,312

$127,379

Long-Term Debt

$0

$0

Total Liabilities

$139,312

$127,379

Financials as of: 11/08/2022
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SwingZen on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $14,500,000

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