ViscoSoft Group

ViscoSoft Group

Sleep Technology Company

Security Type
Common Stock
Min Investment
Charlotte, NC
Offering Date
September 17, 2021
Expected Close Date
December 01, 2021
Target Raise
Security Price

Company Description

Viscosoft wants to change the way the world sleeps. With a background in textile engineering, product development, and sensor technology, our mission is to provide consumers around the world with high-end bedding products that deliver ultimate comfort, unmatched value and the smartest, data-driven sleep experience ever to exist.

Key Deal Facts

Viscosoft is poised to become one of the most recognized brands in the $432B sleep industry. We are an Amazon top 250 seller and have several products that have been recognized by industry experts for delivering great sleep through thoughtful design and innovative materials, including Good Housekeeping prestigious. Best Bedding award in 2021.
Over the past 4 years, more than 500K direct consumers have contributed to revenues of more than $95M and increased profitability last year. 2020 revenues reached $30M as the direct-to-consumer business ( grew more than 700% YoY from increased brand recognition, customer loyalty programs & product partnerships.
Sleep technology is an $12.5B industry and expected to reach $40.6B within the next 5 years. Viscosoft is committed to delivering a first-of-its-kind mattress topper with integrated sleep-quality sensors for under $200.

Management Team / Advisory Board Bios

Gabriel Dungan, Co-founder & CEO/President
As CEO, Gabe leads the comprehensive business strategy, expansion, and vision for the future. Experienced in setting up businesses in foreign countries (China, France), developing sales networks, multi-cultural management, and implementing production teams. Started ViscoSoft (formerly Skytex) in Shanghai in 2007 at 25 with $54,000 in initial capital. He speaks fluent French and Chinese and holds a BS from UNC Chapel Hill Kenan-Flagler School of business with concentrations in Statistics and Finance.

Rick Wo, Co-founder & Chief Product Officer
Brings more than 20 years of experience in the sourcing, manufacturing, and product development areas. He leads the development of our physical products and maintains an obsession with testing (both chemical and mechanical) as well as working with marketing teams to integrate consumer feedback into the products physical properties. Runs our Shanghai office and partnerships with a complex supply chain of fabric, dyeing, accessory, polyurethane, and processing suppliers throughout eastern China. Rick holds an undergraduate degree in Textile Engineering and Design from Shanghai Donghua University and an MBA from Southbank University in London.

Matthieu Witkowski, Co-founder & President of ViscoSoft France
As a marketing specialist and business strategist, Matthieu has been influential in ViscoSoft business strategy and expansion. He currently runs the European business branch out of Strasbourg, France, strategically located at the heart of Europe. He launched the Mello Mattress brand taking off at breakneck speed and elected 2020 product of the year by France largest consumer award. Research marketing passionate, Matthieu also contributes to product development bringing design and utilitarian expertise. Along with Rick and Gabe, he is a founding partner of the original 2007 Shanghai company. Fluent in French, English, and Chinese, Matt graduated from the Marshall School of Business of the University of Southern California, with a double emphasis in Marketing and Entrepreneurial Studies.
Amount Raised : $25,191
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Security Description

Common stock is a security that represents ownership in a corporation.

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