Immersed on Wefunder

VR Offices (Partnered with Facebook). Work from anywhere with anyone.

Raise to date: $1,070,000

Reporting Date: 08/09/2020

Key Stats

Minimum Raise

$250,000

Maximum Raise

$1,070,000

Likelihood of Max Exceeded
Start Date

07/16/2020

Stop Date

08/07/2020

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

1,521

% of Minimum Raised

428%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$48,636

DPD* Category

$0

DPD* All Companies

$1,903

Kingscrowd Momentum

$1,070,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Immersed, with a $10 million valuation cap, is raising crowdfunding on Wefunder. The technology of Immersed allows users to work together, even while working remotely. It allows users to work together, whiteboard, and pair-program, just like working together in-person. Immersed was founded by Renji Bijoy in 2017 and has raised over $2 million since its founding. The proceeds of the current crowdfunding round, with a minimum target of $250,000 and a maximum target of $1,070,000, will be used for tech infrastructure costs, equipment, hiring, travel and conferences, and legal and operating costs. Immersed has partnered with Facebook to launch to millions of Oculus users in the next few weeks. The technology is highly advanced and allows co-workers to teleport to each other’s virtual offices to collaborate.

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