TomBot

TomBot

Early Stage

Robotic emotional support animals

Robotic emotional support animals

Overview

Raised to Date: Raised: $571,520

Total Commitments ($USD)

Platform

StartEngine

Start Date

05/03/2021

Close Date

11/02/2021

Min. Goal
$9,999
Max. Goal
$4,999,999
Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.55

Pre-Money Valuation

$14,491,624

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,140

# of Investors

452

Momentum
Funded
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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

TomBot, with a pre-money valuation of $14.5 million, is raising crowdfunding on StartEngine. The company makes realistic robotic animals to help with the emotional attachment and other psychological needs of the elderly. It has created Jennie, an affordable alternative to expensive robopets. Tom Stevens, Hank Shorz, and Jesse Shorz founded TomBot in October 2017. The proceeds of the current crowdfunding round, with a minimum raise of $9,999.05 and a maximum raise of $4,999,999.30, for product engineering, hiring additional engineers, alpha production testing, and expansion. TomBot already has over 7,500 pre-orders and waitlist customers. The company aims to support people with anxiety, bipolar disorder, dementia, and PTSD who cannot care for live animals but yearn for one.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-351,844

$-713,070

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$281,523

$204,474

Accounts Receivable

$0

$0

Total Assets

$319,977

$237,169

Short-Term Debt

$29,626

$40,825

Long-Term Debt

$67,551

$319,701

Total Liabilities

$97,177

$360,526

Financials as of: 05/03/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
TomBot 03/23/2023 Republic $17,500,000 $252,830 SAFE Funded RegCF
TomBot 11/01/2021 StartEngine $14,491,624 $571,520 Equity - Preferred Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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TomBot on StartEngine
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $14,491,624
Price per Share: $1.55

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