Virtuix

Virtuix

Early Stage

Creator of Omni, an omni-directional treadmill allowing users to walk and run inside popular games and virtual worlds

Creator of Omni, an omni-directional treadmill allowing users to walk and run inside popular games and virtual worlds

Overview

Funding data not publicly available
Platform

SeedInvest

Start Date

01/03/2016

Close Date

07/31/2016

Min. Goal
$1,000
Max. Goal
$15,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$35,000,000

Year Founded

2013

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Location

Austin, Texas

Virtuix, with a valuation of $35 million, is raising crowdfunding on SeedInvest through Reg A+ crowdfunding. The company is the creator of Omni, an omnidirectional treadmill that allows users to walk and run inside virtual worlds. Omni is a first-of-its-kind motion platform that enables players to walk and run in 360 degrees. Virtuix began the production of Omni in the fourth quarter of 2015 and is currently delivering on pre-orders. Jan Goetgeluk founded Virtuix in February 2013. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used for debt repayment, marketing, expansion of the engineering team, and expansion of the game development team.

Balance Sheet

Cash and Cash Equivalents

$2,601,601

Property, Plant and Equipment (PP&E)

$252,005

Total Assets

$3,186,430

Accounts Payable & Accrued Liabilities

$2,717,984

Long Term Debt

$418,300

Total Liabilities

$3,136,284

Total Stockholders' Equity

$50,146

Total Liabilities and Equity

$3,186,430

Statement of Comprehensive Income Information

Net Income

$-2,146,176

Earnings Per Share - Basic

$-0.39

Earnings Per Share - Diluted

$-0.39

Auditor: Craig Denlinger, Artesian CPA
Financials as of: 01/03/2016
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Virtuix 09/05/2023 Dealmaker Securities $170,629,157 $3,871,559 Equity - Preferred Funded RegCF / RegD 506(c)
Virtuix 03/16/2023 StartEngine $180,000,000 $1,116,207 SAFE Funded RegCF
Virtuix 04/24/2021 SeedInvest $65,000,000 $13,908,786 Equity - Preferred Funded RegA+
Virtuix 07/30/2016 SeedInvest $35,000,000 - Equity - Preferred Funded RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Funding data not publicly available

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Virtuix on SeedInvest 2016
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $35,000,000
Price per Share: $3.00

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