TomBot

Early Stage

Robotic emotional support animals

Analytics

Raised to Date: Raised: $294,701

Aggregate Commitments $

Platform

StartEngine

Start Date

05/04/2021

Close Date

11/02/2021

Min. Goal

$9,999

Max. Goal

$4,999,999

Min. Investment

$250

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$14,491,624

Rolling Commitments $

Status

Active

Reporting Date

09/18/2021

Days Remaining

45

% of Min. Goal

2,947%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,151

Momentum
cool
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Location

Santa Clarita, California

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

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: 05/04/2021
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