Tusk by VWC (previously Virtual World Computing) (2024)
About this raise
TUSK by VWC, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a web browser and search engine with an emphasis on free speech. The TUSK browser is censorship-free, and the TUSK search engine works without the liberal bias and provides results for Conservative news outlets. TUSK by VWC is designed by Conservatives for Conservatives and has reported over 40,000 downloads in six months. Jeffrey Bermant founded TUSK by VWC in January 2008. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, research and development, future wages, debt repayment, and general and administrative expenses.
Investment Overview
Invested $137,475 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
-
$51,887
as of FY2022
- Monthly Burn
-
$85,327
as of FY2022
-
Runway
-
1.5 months
as of FY2022
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-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $11,132,517
- VC Backed?
- No
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Tusk by VWC (previously Virtual World Computing) | 04/29/2024 | Wefunder | $10,000,000 | $137,475 | SAFE | Funded | RegCF |
Virtual World Computing | 03/03/2021 | Funders USA | $5,200,000 | $0 | Convertible Note | Not Funded | RegCF |