TomBot

TomBot, with a valuation of $22.1 million, is raising funds on PicMii. The company has designed and created a lifelike robotic dog for mental health treatment. TomBot’s robotic puppy offers safe and joyful companionship to people struggling with dementia, autism, and depression and aims to treat the symptoms of mental health illnesses. The company has also harnessed Hollywood magic to bring its invention to life and is collaborating with Jim Henson’s Creature Shop of Muppets and Dark Crystal fame. Tom Stevens, Hank Schorz, and Jesse Schorz founded TomBot in October 2017. The current crowdfunding campaign has a minimum target of $10,000.65 and a maximum target of $2 million. The campaign proceeds will be used for product development, operations, sales and marketing, and general working capital.

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Investment Overview

Raised this Round: Raised: $106,158

Deal Terms

Total Commitments ($USD)

Platform
PicMii
Start Date
11/01/2024
Close Date
03/31/2025
Min. Goal
$10,001
Max. Goal
$2,000,000
Min. Investment

$249

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.04

Pre-Money Valuation

$20,081,907

Company & Team

Company

Year Founded
2017
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Santa Clarita, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Tom Stevens
Title
CEO
Founder Name
Hank Schorz
Title
CTO
Founder Name
Jesse Schorz
Title
COO

Financials

as of August 31, 2024
 Revenue
$0
 Monthly Burn
$66,750
 Runway
8 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$800

$3,316

 

 

Net Income

$-962,989

$-1,486,908

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,225,864

$11,883

Accounts Receivable

$0

$0

Total Assets

$1,355,592

$144,542

Short-Term Debt

$337,411

$226,540

Long-Term Debt

$69,474

$99,876

Total Liabilities

$406,885

$326,416

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$6,956,978
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2025 PicMii $20,081,907 $106,158 Equity - Preferred Active RegCF
03/24/2023 Republic $17,500,000 $252,830 SAFE Funded RegCF
11/02/2021 StartEngine $14,491,624 $571,520 Equity - Preferred 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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TomBot on PicMii 2024
Platform: PicMii
Security Type: Equity - Preferred
Valuation: $20,081,907
Price per Share: $1.04

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