Virtuix

Creator of Omni, an omni-directional treadmill allowing users to walk and run inside popular games and virtual worlds
Analytics
Raised to Date: $8,142,219
Aggregate Commitments $
SeedInvest
10/09/2020
02/28/2021
$1,000,000
$10,000,000
$998
Equity - Preferred
RegA+
$65,000,000
Weekly Commitments $
Active
01/17/2021
40
814%
81%
$81,422
3,355
Virtuix, with a pre-money valuation of $65 million, is raising crowdfunding on SeedInvest through Reg A+ crowdfunding. The company is the creator of Omni, an omnidirectional treadmill that allows users to walk and run inside virtual worlds. Omni is a first-of-its-kind motion platform that enables players to walk and run in 360 degrees. Virtuix is led by Jan Goetgeluk and David Allan and has raised over $20 million in previous rounds of financing. The proceeds of the current crowdfunding round, with a minimum raise of $1,000,000 and a maximum raise of $10,000,000, will be used for sales and marketing, general and administrative expenses, and research and development. Virtuix doubled its revenues in FY ’20 and has shipped over 3,500 commercial Omni systems to 45 countries.
Balance Sheet
Cash and Cash Equivalents |
$152,376 |
Investment Securities |
$0 |
Total Investments |
$0 |
Accounts and Notes Receivable |
$236,741 |
Loans |
$0 |
Property, Plant and Equipment (PP&E) |
$352,944 |
Property and Equipment |
$0 |
Total Assets |
$2,224,715 |
Accounts Payable & Accrued Liabilities |
$1,238,383 |
Policy Liabilities and Accruals |
$0 |
Deposits |
$0 |
Long Term Debt |
$243,213 |
Total Liabilities |
$5,599,103 |
Total Stockholders' Equity |
$-3,374,388 |
Total Liabilities and Equity |
$2,224,715 |
Statement of Comprehensive Income Information
Total Revenues |
$3,855,193 |
Total Interest Income |
$0 |
Costs & Expenses Applicable to Rev |
$2,949,851 |
Total Interest Expenses |
$0 |
Depreciation and Amortization |
$184,510 |
Net Income |
$-3,580,222 |
Earnings Per Share - Basic |
$-1 |
Earnings Per Share - Diluted |
$-1 |
Analyst Report
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

Optelos on SeedInvest
Asset inspection is essential work for all manner of businesses, particularly in the construction and industrial markets. It’s…