Visionaize

Visionaize

Visionaize, with a valuation of $62.23 million, is raising funds on StartEngine. The company provides patented AI-driven digital twin solutions to industrial giants. Visionaize has deployed its patented V-Plant Digital Twin and AI solutions in the oil, gas, and manufacturing sectors and helped reduce unplanned downtime, optimize asset performance, and drive sustainable operations. The company has partnered with industry leaders like Harley Davidson, Shell, and ExxonMobil and has delivered up to $50 million in client benefits. Vikas Agrawal, Romesh Japra, and David S. Reinhart founded Visionaize in April 2020. The current crowdfunding campaign has a minimum target of $14,999.95 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, company employment, and working capital.

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Investment Overview

Raised this Round: Raised: $3,137

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
10/10/2024
Close Date
01/07/2025
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.35

Pre-Money Valuation

$62,227,880

Company & Team

Company

Year Founded
2020
Industry
Industrial Services
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Fremont, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
14
Prior Founder Exits?
No
Founder Name
Vikas Agrawal
Title
CEO
Founder Name
David Reinhart
Title
EVP

Financials

as of October 8, 2024
 Revenue -33.3% YoY
$3,596,879
 Monthly Burn
$152,000
 Runway
3.2 months
Gross Margin
52%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$3,596,879

$5,394,866

COGS

$1,711,799

$2,069,355

Tax

$0

$0

 

 

Net Income

$-1,253,765

$-340,730

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,450,920

$859,866

Accounts Receivable

$407,859

$1,271,790

Total Assets

$2,455,233

$2,637,902

Short-Term Debt

$0

$0

Long-Term Debt

$3,504,954

$3,594,440

Total Liabilities

$3,504,954

$3,594,440

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,961,736
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/07/2025 StartEngine $62,227,880 $3,137 Equity - Common Active RegCF
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Visionaize on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $62,227,880
Price per Share: $0.35

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Follow Visionaize on StartEngine 2024

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