Today, sexual health pioneer MysteryVibe amassed over 530 investors and reached 127% of their fundraising goal for their first-ever equity crowdfunding campaign on Seedrs.
The funds from this round will go towards new product development, research & medical studies, team expansion and inventory building to support their rapid growth in sales across the US and UK.
Since inception in 2014, MysteryVibe has been invested in the sexual health sector. MysteryVibe’s products have won over 20 international awards from Virgin, Red Dot, IFDesign, IDA Design Award, and many more. Their claim to fame is beating Apple Watch at the highly coveted Design Week awards in 2018.
In 2021, they became the first company to partner with Google to provide free sex education to 2 billion+ Google Assistant devices. As MysteryVibe continues to innovate deeper into wider fields that address sexual health—like their recently launched Universal Remote, which supports spinal injury patients to regain arousal—they are leading the charge in mainstreaming a category that has been relegated to the fringes and shamed for years.
Dr. Soum Rakshit, MysteryVibe CEO & Co-Founder says,:“Crowdfunding and crowdsourcing has been integral to building all our products since the beginning. We are really excited about the success of our first ever equity crowdfunding initiative and to share our journey and future success with our community.”
MysteryVibe’s equity crowdfunding campaign on Seedrs will also allow them to continue their rapid sales growth in US & UK and expand their product lines by four new medical devices in the next 24 months.