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This isn’t VirZOOM’s most recent raise. Reg CF · Preferred Stock · May 2024 (Closed) is more current.View latest round
VirZOOM

Reg CF · Preferred Stock · Sep 2021

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$1.4M / $4.5M max
31% of ceiling · target hit day 2
Investors
621
$2.4K avg
Post-money valuation
$32M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$1.5M$734K$0
6213110
Sep 26, 2021 · openedJul 5, 2022 · last reading
Target ($100K) hit — Sep 28, 2021, day 2$1.0M raised — Feb 16, 2022Deadline Apr 30, 2023 — 299 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$219K
−$2.8M
FY2019
$373K
−$1.7M
FY2020
RevenueNet income
Metric
FY2019 audited
FY2020 audited
Income statement
Revenue
$219,279
$372,537
Cost of goods sold
$161,459
$102,739
Gross margin
26%
72%
Net income
-$2,827,248
-$1,706,244
Taxes paid
$0
$0
Balance sheet
Cash
$49,586
$150,122
Accounts receivable
$37,602
$8,977
Total assets
$183,922
$211,553
Short-term debt
$1,663,095
$2,458,507
Long-term debt
$281,745
$1,123,188
Total liabilities
$305,000
$3,581,695
Other
Headcount
6
6

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

2 amendments
  1. Apr 4, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Nov 3, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$30.5M ($24.3M early bird)
Post-money$32M
Price / share$0.49
Shares offered256,411

Perks

First $250K investors will invest at $0.39 per share and a $24.3M pre-money valuationfirst $250K

Offering details

Target$100,000
Max$4,497,094
Min investment$500
OpenedSep 26, 2021
DeadlineApr 30, 2023
ClosedJul 5, 2022
Days active282

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-21-001080

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.