ZenVR

ZenVR

Meditation built for our future: immersive, educational, accessible to all

Print
Claim My Business
Security Type
CAFES
Categories
Technology, Financial Services, Retail, Healthcare & Medical
Min Investment
$100
Location
Brookhaven, GA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.24M
No. Investors
59
Security Price
$1
Website
zenvrapp.com
Number of Employees
2
Cash
$500
Revenue
$2,716
Short Term Debt
$700
Cost of Goods
$2,410
Long Term Debt
$0
Net Income
$-983

Key Deal Facts

πŸ† #1 highest rated Meditation app on Quest; #4 out of 243 for Education
🧠 We are thought leaders in this space; GT thesis project & prestigious research papers published**
πŸ•ΈοΈ Our app is sticky! Once users complete lesson 3, they go on to finish all modules
πŸ₯½ Hundreds of users log back in every month -- 710 total app purchases in first year
πŸ›« B2B pilot partners already in motion; including Soundcloud & Red Mountain Sedona Treatment Center**
🌎 Global mental health market valued at $383 billion in 2020 - estimated $538 billion by 2030
πŸ§˜πŸ½β€β™€οΈ VR is part of our shared future on this planet; we're the leaders in immersive VR meditation

Management Team / Advisory Board Bios

Matt Golino CEO/FounderIn the past few years I've specialized on Virtual Reality design and development, working at Google on their YouTube VR team and winning numerous awards for VR-related projects under various renowned professors., Eric Bruce MarketingBS Business & Marketing, Georgia Tech
5+ Years Building Digital Marketing Programs
4+ Years Launching and Growing Brands, Yago Arconada DeveloperBS Biomed Engineering, UC San Diego
MS Human-Computer Interaction, GT
4+ Years Engineering Experience, Josh White AdvisorExecutive Director of Red Mountain Sedona Treatment Center

Board of Directors of the National Association of Therapeutic Schools and Programs (NATSAP)

Licensed Clinical Mental Health Counselor, Rohit Agarwal AdvisorFormer Chief Product Officer at CNN

Former Chief Product Officer at HSBC

CPTO at SoundCloud

Advisor at Vestigo VR, Mictic AR, Phil Schneidermeyer Advisor20+ years technology talent management experience

Founder CIO Search Group and Talent Intelligence Agency

Strategic advisor to SucceedSmart, Aniline.io, YearUp
Amount Raised : $210,401
Reveal the Score by Voting
οΌΏ
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
β“˜
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
β“˜
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
β“˜
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
β“˜
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments