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Security Type
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SAFE
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Categories
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Technology
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Min Investment
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$100
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Location
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San Francisco, CA
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Offering Date
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July 23, 2018
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Expected Close Date
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November 03, 2018
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Target Raise
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$25.00K-$500.00K
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Deal Notes
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- Type of security: Crowd Safe
- Minimum investment: $100
- Funding goal: $25,000 – $500,000
- Discount: 20%
- Valuation cap: $6,000,000
Company Description
YourVirtualSim provides the app Ring4 which enables the creation and use of virtual phone lines on smart phones. The Ring4's phone numbers are voice and text enabled and are designed for business or personal use. The Ring4 app help our customers to manage their personal business phone lines on a single device.
Perks
Invest $500 - 99 Ring4 credits
Invest $1,000 - 499 Ring4 credits
Invest $2,000 - 999 Ring4 credits & 1 Ring4 T-shirt
Invest $5,000 - 1 Unlimited US/CA phone line plan for 12 months
& 1 Ring4 t-shirt
Invest $10,000 - 2 investor calls with Ring4's founder in the next 12 months to discuss product and company roadmap
& Unlimited US/CA phone line plan for 12 months
& Ring4 T-shirt
Invest $20,000 - Meeting with the Ring4's founder in San Francisco, includes flight ticket up to $600 & 1Unlimited US/CA phone line plan for 24 months & 1 T-shirt
Key Deal Facts
App providing smartphone numbers on demand in seven countries with more to come
Early traction: 250,000+ registered users
Team worked at IBM, Netflix, Dailymotion, and in the cloud communication industry
Voted Product of the Day and nominated Product of the Year 2017 on ProductHunt
Featured by Apple in the App Store
Use of Proceeds
- Intermediary fees
- Campaign marketing expenses
- Estimated attorney fees
- Estimated accountant fees
- General marketing
- R&D
- Equipment purchases
- Sales and distribution
- Cost of goods- telecommunications service providers
Management Team / Advisory Board Bios
Alex Botteri
Founder - Product - Business
MS Computer Science, 10+ years in Biz Dev. Previously Worked at IBM and Tyntec (Cloud Communication API).
Harold Thetiot
Full Stack Engineer - Android Dev
Software engineer. WebRTC specialist. Previously worked at Netflix and Netvibes. Created the Sylaps conferencing solution.
Florian Lecluse
iOS Dev
Software engineer specialized in Objective-C and Swift. Previously worked at TextMe Inc..
Illia Strikhar
UX/UI Design
UX/UI designer with a passion for crafting state-of-the-art online products with the purpose of helping people.
Deal Notes
- Type of security: Crowd Safe
- Minimum investment: $100
- Funding goal: $25,000 – $500,000
- Discount: 20%
- Valuation cap: $6,000,000