About this raise: Virtuix, with a valuation of $35 million, is raising crowdfunding on SeedInvest through Reg A+ crowdfunding. The company is the creator of Omni, an omnidirectional treadmill that allows users to walk and run inside virtual worlds. Omni is a first-of-its-kind motion platform that enables players to walk and run in 360 degrees. Virtuix began the production of Omni in the fourth quarter of 2015 and is currently delivering on pre-orders. Jan Goetgeluk founded Virtuix in February 2013. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used for debt repayment, marketing, expansion of the engineering team, and expansion of the game development team.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
SeedInvest
Start Date
01/04/2016
Close Date
07/31/2016
Min. Goal
$1,000
Max. Goal
$15,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$35,000,000

Company & Team

Company

Year Founded
2013
Industry
Media, Entertainment & Publishing
Tech Sector
GamingTech
Location
Austin, Texas
Company Website
Visit Website

Team

Employees
31

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$178,848
 Runway
14.5 months

Balance Sheet

Cash and Cash Equivalents

$2,601,601

Property, Plant and Equipment (PP&E)

$252,005

Total Assets

$3,186,430

Accounts Payable & Accrued Liabilities

$2,717,984

Long Term Debt

$418,300

Total Liabilities

$3,136,284

Total Stockholders' Equity

$50,146

Total Liabilities and Equity

$3,186,430

Statement of Comprehensive Income Information

Net Income

$-2,146,176

Earnings Per Share - Basic

$-0.39

Earnings Per Share - Diluted

$-0.39

Auditor: Craig Denlinger, Artesian CPA
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/24/2025 StartEngine $201,132,165 $617,895 Equity - Preferred Active RegCF
09/06/2023 DealMaker Securities $170,629,157 $3,871,559 Equity - Preferred Funded RegCF / RegD 506(c)
03/17/2023 StartEngine $180,000,000 $1,116,207 SAFE Funded RegCF
04/25/2021 SeedInvest $65,000,000 $13,908,786 Equity - Preferred Funded RegA+
07/31/2016 SeedInvest $35,000,000 - Equity - Preferred Funded RegA+
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Virtuix on SeedInvest 2016
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $35,000,000
Price per Share: $3.00

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