Vestigo
About this raise
Vestigo, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The application inspires new mindsets through adventure. It helps teams solve their problems and build connections through VR adventure experiences. Marshall Mosher and Daniel McBrayer founded Vestigo in 2015. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used towards hiring new developers, project managers, and other employees, expanding the VR headset inventory, and paying salaries. Vestigo is working the best during the COVID pandemic when the need for virtual team building is at its peak. The current clients of the company include Microsoft, Home Depot, EY, and AT&T, among others.
Investment Overview
Invested $130,350 :
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +109% YoY
- $201,431
- Monthly Burn
- $4,234
-
Runway
- 0.6 months
- Gross Margin
- 53%
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/30/2021 | Wefunder | $8,000,000 | $130,350 | SAFE | Funded | RegCF |