VibeTech Enterprises

Neutral
BETA

Revolutionary therapeutic vibration technology to reduce falls in older adults

Analytics

Raised to Date: $204,154

Aggregate Commitments $
Platform

Wefunder

Start Date

11/04/2020

Close Date

04/13/2021

Min. Goal

$330,007

Max. Goal

$1,069,993

Min. Investment

$300

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$14,039,116

Weekly Commitments $
Status

Active

Reporting Date

02/28/2021

Days Remaining

42

% of Min. Goal

62%

% of Max. Goal

19%

Likelihood of Max
Avg. Daily Raise

$1,760

# of Investors

44

Momentum
Location

Sheboygan, Wisconsin

Industry

Fitness & Wellness

Tech Sector

Medtech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Growth

VibeTech Enterprises, with a pre-money valuation of $14 million, is raising funds on Wefunder. The company makes and sells a therapeutic vibration solution that reduces the rate of falls in older adults. The device finds use in hospital systems, health insurance companies, and older-adult care facilities. VibeTech Enterprises was founded by Jeff Leismer in 2018 and has raised over $1.9 million since its inception. The current round of crowdfunding has a minimum goal of $330,007 and a maximum goal of $1,069,993, and the proceeds will be used for new product development, enhancement of customer support functions, software development for user data accumulations, and working capital. VibeTech Enterprises won McKnight’s Excellence in Technology Innovator of the Year Gold Award in 2020.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$45,040

$5,400

COGS

$0

$220

Tax

$0

$0

 

 

Net Income

$-368,180

$-260,226

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$19,170

$9,657

Accounts Receivable

$0

$0

Total Assets

$29,265

$16,817

Short-Term Debt

$272,512

$386,014

Long-Term Debt

$1,581,373

$0

Total Liabilities

$1,853,885

$1,473,257

Ratings

last updated 03/02/2021

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Neutral
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Cortex on Wefunder

Digital ad spend in the U.S. alone came in at over $92B for 2020

Crowd
Manta Biofuel on Republic

The global oil and gas market was $3 trillion in 2019. The U.S…

Crowd
Fisher Wallace Laboratories on StartEngine

Even before the COVID-19 pandemic swept across the world, developed nations faced a health crisis of a different…

Pro
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add VibeTech Enterprises on Wefunder
Follow company
Follow VibeTech Enterprises on Wefunder