VR Galaxy Lounge
[Closed for Investment] VR Galaxy Lounge is raising funds on Honeycomb. The company is based in Tampa, Florida, and offers immersive virtual reality experiences for fun and learning. VR Galaxy Lounge uses the latest VR technology to transport guests to new worlds, including peaceful virtual spaces and high-energy games and provides tailored experiences for different needs. The business has received autism-friendly certification and has key partnerships to offer specialized programs for individuals with autism to develop their life skills in a safe and immersive virtual setting. Anthony Denham, Larry Tartaglino, and Samual Fratto founded VR Galaxy Lounge in November 2021. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $65,000. The campaign proceeds will be used for VR headsets and accessories, rent, marketing, and debt consolidation.
Investment Overview
Raised: $1,811
Deal Terms
Total Commitments ($USD)
- Platform
- Honeycomb
- Start Date
- 10/24/2024
- Close Date
- 12/08/2024
$35,000
$65,000
$100
Debt
Pre-Seed
RegCF
11.50%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +51% YoY
- $206,547
- Monthly Burn
- $175
-
Runway
- 24+ months
- Gross Margin
- 94%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/08/2024 | Honeycomb | - | $1,811 | Debt | Not Funded | RegCF |