Gravity Jack

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Min Investment
Spokane, WA
Offering Date
September 12, 2023
Expected Close Date
December 11, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

Gravity Jack is an augmented and virtual reality agency with an unyielding pursuit to create a world where technology & the human experience intersect through augmented reality.

Use of Proceeds

The company plans to use the proceeds for R&D, company employment, working capital, and platform fees.

Management Team / Advisory Board Bios

The company has a very strong technical team with experience growing startups.

Aaron Luke Richey, Founder and CEO
Richey began coding software at 14, including work for NASA and NASDAQ. He has created many successful startups. He sold his last company to a gaming company in 2009 and founded Gravity Jack, Inc. that November with the vision of mobile-based Augmented Reality. He quickly established the company as a leader in the space, with a strong patent portfolio, a dedicated research team, and a top-tier client roster. Richey attended Eastern Washington University, where he studied Mathematics, Business and Computer science. He has extensive experience in building tech companies and startups. Currently, he works full-time with Gravity Jack.

Jennifer Lorraine Richey, Chief Strategy Officer (CSO)
Jennifer has been in the technology sector since leaving school to help kick off a startup in 2002. Her first foray into technology was as the CFO of Tometa Software, a custom software development company that was acquired in 2007. From this, Jennifer went on to assume the same role at PlayXpert, a gaming company, and, in 2009, helped spearhead the formation of Gravity Jack. Along with being a technology futurist and entrepreneur, she is a mother of four, a professional triathlete, an extreme athlete, and a skydiver.

Tricia Petrinovich, CFO
Tricia Petrinovich is Gravity Jack’s CFO and is an experienced financial leader specializing in financials, forecasting, metrics, diligence, and optimization. She holds an MBA and has experience in multiple industries, from manufacturing, technology, and SaaS to service and professional industries.

Valuation Notes

The company has valued itself at $22.78M pre-money. While the prospects of the company look good with strong and talented management, excellent potential product, and existing active revenue sources, the company still looks overvalued at this valuation for the current stage.
Amount Raised : $74,157
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