OmniPad (2020)

OmniPad (2020)

Closed: Aug. 2020

About this raise

"World's ONLY Circular Revolving Omnidirectional Treadmill for Exercise and VR"

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Razitall
Start Date
08/31/2019
Close Date
08/21/2020
Min. Goal
$250,000
Max Goal
$480,000
Min. Investment

$125

Security Type

CAFES

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$2,500,000

Discount

0%

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Redwood City, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Founder Name
Neil Epstein
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$111
 Runway
3.5 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,332

$-517,152

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$386

$359

Accounts Receivable

$57,734

$57,735

Total Assets

$157,983

$158,862

Short-Term Debt

$57,734

$57,735

Long-Term Debt

$0

$0

Total Liabilities

$57,734

$57,735

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/21/2020 Razitall $2,500,000 $0 CAFES Not Funded RegCF
04/30/2019 Wefunder $9,630,000 $53,107 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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The OmniPad Company on Razitall
Platform: Razitall
Security Type: CAFES
Valuation: $2,500,000

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Warning: according to the close date for this deal, OmniPad may no longer be accepting investments.

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