TomBot

Early Stage

Robotic emotional support animals

Analytics

Raised to Date: Raised: $294,701

Financials

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

% of Min. Goal

2,947%

% of Max. Goal

Likelihood of Max
unlikely

Avg. Daily Raise

$2,151

Momentum

Logos provided by Clearbit

Location

Santa Clarita, California

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

SEC Filing

Company Website

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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