ZenVR

Early Stage
Meditation built for our future: immersive, educational, accessible to all
Overview
Raised: $180,651
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
361%
% of Max. Goal
15%
Likelihood of Max
Avg. Daily Raise
$1,369
# of Investors
60
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
ZenVR, with a valuation of $4.5 million, is raising funds on Wefunder. It is a meditation app that contains hours of immersive reality meditation content. The app makes the users feel they are in the meditation room and offers a real-life experience that matches everyone’s schedule and lifestyle. Additionally, the content on ZenVR is research-backed and education-focused to keep the users returning to the app. ZenVR reported 710 total app purchases in the first year and has been ranked the number one meditation app on Quest. Matt Golino founded ZenVR in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for contract development, outbound marketing, generating new meditation content, polishing the existing experience, and developing a VR-centric community.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$2,716 |
$0 |
COGS |
$2,410 |
$1,080 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-983 |
$-1,758 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$500 |
$3,716 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,931 |
$3,716 |
Short-Term Debt |
$700 |
$1,474 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$700 |
$1,474 |
Financials as of: 11/15/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of ZenVR? Create your account today to claim this raise page.