Tap Systems
Wearable Keyboard, Mouse & Controller
Analytics
Raised: $1,485,450
Aggregate Commitments $
Platform
Wefunder
Start Date
11/05/2021
Close Date
03/10/2022
Min. Goal
$200,001
Max. Goal
$4,999,999
Min. Investment
$100
Security Type
Equity - Common
Funding Type
RegCF
Series
Series A
Pre-Money Valuation
$51,271,714
Rolling Commitments $
Status
Active
Reporting Date
11/28/2021
Days Remaining
102
% of Min. Goal
743%
% of Max. Goal
30%
Likelihood of Max
Avg. Daily Raise
$64,585
Momentum
Log in or create a free account today to gain access to KingsCrowd analytics.
Location
Pasadena, California
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Tap Systems, with a valuation of $51.3 million, is raising funds on Wefunder. The company has developed its patented input solution that works well for augmented and virtual reality systems. The input solution of Tap Systems is easy, fast, accurate, and eyes-free and solves the problems related to the current slow and error-prone input solutions. Tap Systems has tens of thousands of customers and has generated $2 million in sales to date. David Schick and Dr. Sabrina Kemeny founded Tap Systems in February 2015. The current crowdfunding campaign has a minimum target of $200,001 and a maximum target of $4,999,999. The campaign proceeds will be used for research and development, sales and marketing, and general and administrative expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$885,346 |
$1,311,181 |
|
COGS |
$553,845 |
$698,640 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,924,505 |
$-2,629,615 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$282,590 |
$760,658 |
|
Accounts Receivable |
$1,238 |
$2,550 |
|
Total Assets |
$688,067 |
$1,227,459 |
|
Short-Term Debt |
$755,178 |
$473,512 |
|
Long-Term Debt |
$5,363,027 |
$5,411,809 |
|
Total Liabilities |
$6,118,205 |
$5,885,321 |
Financials as of: 11/05/2021
Log in or create a free account today to gain access to KingsCrowd analytics.
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$8.33 /month
billed annually - Free portfolio tracking. Limited reports and filters.
- Plan Includes:
- Everything in Free, plus
- Advanced company search ( limited filters)
- Founder profiles and exclusive webinars
- 2 Analyst Reports per month
- Get Starter Annual
Starter
-
$25 /month
billed annually - Unlimited analyst reports and market analytics.
- Plan Includes:
- Everything in Starter, plus
- Full access to all Analyst Reports
- Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
- Market Analytics
- Get Pro Annual
Pro
-
$41.67 /month
billed annually - Full site access including Merlin ratings.
- Plan Includes:
- Everything in Pro, plus
- Search and filter companies by Merlin ratings
- Company specific
Merlin rating and risk assessment
- Get Merlin Annual
Merlin
Already a member? Log in here.
