Impakt Inc.

Virtual Sports: Fitness is fun, social and free with motion control technology

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Security Type
Technology, Retail, Healthcare & Medical
Min Investment
Wilmington, DE
Expected Close Date
April 30, 2023
Target Raise
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

HUGE ADDRESSABLE MARKET - Anyone with smartphone or laptop can participate. VETERAN TEAM - Founders with multiple exits. ADVISORS & PARTNERS - Key people from UFC, Twitch, Activision and Guitar Hero. TRADEMARK - vSports the evolution of eSports is a registered TM of Impakt Inc. WORKING TECHNOLOGY - Advanced AI, computer vision, social fitness games & routines are functional. EARLY MOVER ADVANTAGE - Motion controlled fitness games from the web browser and on the phone.

Management Team / Advisory Board Bios

Winston Zin Founder & CEO3x founder, 2x exits, $0 institutional, 100% bootstrapped. As 3x original founder, held roles as SW dev, HW eng, sales, marketing, paralegal, design, production, QC, QA, COO, CEO. 15-years experience building all depts from 0, growing from 0-200+ staff., Hakim Bawa Founder & CTO2x founder, 1x exit. Life-long entrepreneur-slash-engineer since age 16; skipped college to eat 1's and breathe 0's. Speaking of 1's and 0's, built engineering teams from 0-to-1 on a number of occasions while managing teams of 20+ engineers., John Graham Harper President of PartnershipsFormer Nike Ambassador & ISSA Master Trainer with over 15 years of experience launching gyms and fitness tech. Founder of White Collar Fight Night, a boxing federation in South China., Youssef Egla Solutions ArchitectNight owl, keyboard puncher, and the backend's orchestra conductor. 2X AWS certified., Jc Aquino Video Editor and Graphic DesignerA non-typical creative graphic designer and video editor who had explored the vast ocean of uncertainties, the unknown world. I take inspiration through life and death., Trixie Joyce Salazar Marketing AssistantI am the fur-mom of the world's 5 most clingy toy poodles. 1 venti iced white chocolate mocha, no whipped cream, 4 shots, 6 pumps, sub-breve is my middle name.

Amount Raised : $91,200
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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.

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