Zeen by Exokinetics
About this raise
Zeen by Exokinetics, with a valuation of $25 million, is raising funds on SeedInvest. It is a new mobility device for those battling age, injury, and disease to enjoyably bridge sitting, standing, walking, and coasting. Zeen can lift patients up to a standing position and become a fast and safe way to move around or relax at a sociable height. Zeen by Exokinetics works on patented and differentiated technology and has received pre-orders surpassing the current manufacturing capabilities. Garrett Brown founded Zeen by Exokinetics in July 2016. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $1.9 million, and a maximum target of $5 million. The campaign proceeds will be used for inventory, payroll and planned hires, sales and marketing, product development, and general operations.
Investment Overview
$218,944 - Total
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 09/26/2022
- Close Date
- 01/31/2023
$25,000
$5,000,000
$1,000
Equity - Preferred
Growth Stage
RegCF
/ RegD 506(c)
$1.21
$25,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $7,950,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/31/2023 | SeedInvest | $25,000,000 | $218,944 | Equity - Preferred | Not Funded | RegCF / RegD 506(c) |