About this raise
Virtual World Computing, with a valuation cap of $5.2 million, is raising crowdfunding on Funders USA. The company is helping internet users make money using their online data. Virtual World Computing has developed a new app named Cocoon MDR that assists in the monetization of user data easily and without collecting users’ personally-identifiable information. Jeffrey Bermant founded Virtual World Computing in 2008. The proceeds of the current crowdfunding campaign, with a minimum target of $20,000 and a maximum target of $250,000, will be used to scale and expand the Cocoon MDR program to 160 countries. Virtual World Computing’s Cocoon MDR app is available on Android, Windows, and Mac devices and has over 18,000 signups since August 2020.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +221% YoY
- $21,544
- Monthly Burn
- $45,671
-
Runway
- 0.2 months
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Company Funding & Growth
Funding history
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 |