TomBot (2021)
About this raise
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.
Investment Overview
Invested : $571,520
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/04/2021
- Close Date
- 11/02/2021
$9,999
$4,999,999
$250
Equity - Preferred
Early Stage
RegCF
$1.55
$14,491,624
Company & Team
Company
- Year Founded
- 2017
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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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.
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Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.