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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 · SAFE · Sep 2020

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$478.6K / $535K max
89% of ceiling · target hit day 14
Investors
466
$1K avg
Valuation cap
$20M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$479K$239K$0
4662330
Sep 16, 2020 · openedNov 20, 2020 · last reading
Target ($100K) hit — Sep 30, 2020, day 14Deadline Jan 15, 2021 — 56 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

FY2018–FY2019 · hover for source
$278K
−$2.3M
FY2018
$219K
−$2.8M
FY2019
RevenueNet income
Metric
FY2018
FY2019 audited
Income statement
Revenue
$278,234
$219,279
Cost of goods sold
$179,961
$161,459
Gross margin
35%
26%
Net income
-$2,277,396
-$2,827,248
Taxes paid
$0
$0
Balance sheet
Cash
$7,977
$49,586
Accounts receivable
$10,855
$37,602
Total assets
$209,577
$183,922
Short-term debt
$305,000
$1,663,095
Long-term debt
$0
$281,745
Total liabilities
$305,000
$305,000
Other
Headcount
—
6

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

Deal terms

Valuation cap$20M
Conversion discount15%

Offering details

Target$100,000
Max$535,000
Min investment$100
OpenedSep 16, 2020
DeadlineJan 15, 2021
ClosedNov 20, 2020
Days active65

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000803

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.