About this raise
VirZOOM is raising funds on DealMaker Securities via Reg D 506(c) raise. The company has created the next generation of interactive and immersive in-house fitness through virtual reality. VirZOOM customers get to engage in multiple virtual activities that are a lot of fun. The business has reported 1.08 million lifetime installs, generated $3.5 million in sales, received a major development grant from Meta, and partnered with Google. The business introduced its groundbreaking VR app, FLY, in 2024 and has reported a 45% growth in sales since the launch. Eric Janszen and Eric Malafeew founded VirZOOM in February 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1 million. The campaign proceeds will be used for the completion and marketing of the company’s third product, Raven, expected to be launched in the second quarter of 2025.
Investment Overview
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Fitness & Wellness
- Tech Sector
- Location
- Cambridge, Massachusetts
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/24/2026 | DealMaker Securities | - | - | SAFE | Active | RegD 506(c) |
11/06/2024 | DealMaker Securities | $61,360,000 | $193,351 | Equity - Preferred | Funded | RegCF |
07/06/2023 | StartEngine | $45,758,966 | $192,665 | Equity - Preferred | Funded | RegCF |
07/07/2022 | Wefunder | $30,499,157 | $1,476,203 | Equity - Preferred | Funded | RegCF |
11/22/2020 | Wefunder | $20,000,000 | $454,166 | SAFE | Funded | RegCF |
04/14/2019 | Wefunder | $8,000,000 | $288,525 | SAFE | Funded | RegCF |
05/31/2017 | Netcapital | $8,000,000 | $548,968 | Equity - Common | Funded | RegCF |
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.