ViscoSoft Group offering is now closed and is no longer accepting investments.

INVEST IN VISCOSOFT GROUP TODAY!

Sleep Technology Company

Viscosoft wants to change the way the world sleeps. With a background in textile engineering, product development, and sensor technology, our mission is to provide consumers around the world with high-end bedding products that deliver ultimate comfort, unmatched value and the smartest, data-driven sleep experience ever to exist.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
ViscoSoft Group

$22,457.59 Raised

REASONS TO INVEST

Reasons Icon

Viscosoft is poised to become one of the most recognized brands in the $432B sleep industry. We are an Amazon top 250 seller and have several products that have been recognized by industry experts for delivering great sleep through thoughtful design and innovative materials, including Good Housekeeping’s prestigious ‘Best Bedding’ award in 2021.

Reasons Icon

Over the past 4 years, more than 500K direct consumers have contributed to revenues of more than $95M and increased profitability last year. 2020 revenues reached $30M as the direct-to-consumer business (Viscosoft.com) grew more than 700% YoY from increased brand recognition, customer loyalty programs & product partnerships.

Reasons Icon

Sleep technology is a $12.5B industry and expected to reach $40.6B within the next 5 years. Viscosoft is committed to delivering a first-of-its-kind mattress topper with integrated sleep-quality sensors for under $200.

ABOUT

HEADQUARTERS

2923 South Tryon Street, Suite 140
Charlotte, NC 28203
VALUATION

$50M

Viscosoft wants to change the way the world sleeps. With a background in textile engineering, product development, and sensor technology, our mission is to provide consumers around the world with high-end bedding products that deliver ultimate comfort, unmatched value and the smartest, data-driven sleep experience ever to exist.

TEAM

Gabriel Dungan
Gabriel Dungan
Co-founder & CEO/President

As CEO, Gabe leads the comprehensive business strategy, expansion, and vision for the future. Experienced in setting up businesses in foreign countries (China, France), developing sales networks, multi-cultural management, and implementing production teams. Started ViscoSoft (formerly Skytex) in Shanghai in 2007 at 25 with $54,000 in initial capital. He speaks fluent French and Chinese and holds a BS from UNC Chapel Hill’s Kenan-Flagler School of business with concentrations in Statistics and Finance.

Rick Wo
Rick Wo
Co-founder & Chief Product Officer

Brings more than 20 years of experience in the sourcing, manufacturing, and product development areas. He leads the development of our physical products and maintains an obsession with testing (both chemical and mechanical) as well as working with marketing teams to integrate consumer feedback into the products’ physical properties. Runs our Shanghai office and partnerships with a complex supply chain of fabric, dyeing, accessory, polyurethane, and processing suppliers throughout eastern China. Rick holds an undergraduate degree in Textile Engineering and Design from Shanghai’s Donghua University and an MBA from Southbank University in London.

Matthieu Witkowski
Matthieu Witkowski
Co-founder & President of ViscoSoft France

As a marketing specialist and business strategist, Matthieu has been influential in ViscoSoft’s business strategy and expansion. He currently runs the European business branch out of Strasbourg, France, strategically located at the heart of Europe. He launched the Mello Mattress brand taking off at breakneck speed and elected 2020 product of the year by France’s largest consumer award. Research marketing passionate, Matthieu also contributes to product development bringing design and utilitarian expertise. Along with Rick and Gabe, he is a founding partner of the original 2007 Shanghai company. Fluent in French, English, and Chinese, Matt graduated from the Marshall School of Business of the University of Southern California, with a double emphasis in Marketing and Entrepreneurial Studies.

Vincent Dungan

Vincent Dungan

CFO

As CFO, Vincent has overseen all finance for 4 separate businesses under the ViscoSoft umbrella since 2010. This includes companies in China, Hong Kong, France and the US. In this role, Vincent has worked with banks across the world to execute loans and lines of credit for the working capital needed to grow the business. He also helped implement a cloud ERP system to enable seamless accounting between ViscoSoft’s subsidiaries. Vincent graduated from UNC-Chapel Hill with a degree in International Studies and minors in French and Spanish. He speaks French, Chinese, and Spanish.

Jason Alpern

Jason Alpern

VP of Marketing

Jason oversees all marketing operations for the brand family and is focused on brand exposure, channel expansion and lead generation objectives. Previously Jason was a marketing officer at Red Ventures and SVP of Digital Marketing at Bank of America. Channel management and expertise includes SEM (PPC), search engine optimization, re-marketing, online display, website optimization and partnerships. Jason is a graduate of Bucknell University and earned an MBA from UNC-Chapel Hill.

Jordan Harris

Jordan Harris

Director of Engineering

Jordan leads the technology team at ViscoSoft, including leading the technical design, implementation and support for all applications (e-commerce, client-side, internal). His business degree from UNC Chapel Hill’s Kenan-Flagler School of Business & graduate coursework in computer science at UNCC. His previous professional experience in finance provides him with a unique mindset and ability to align and guide technology with business needs and priorities. He is a self-taught developer and has extensive experience using Agile methodologies to build enterprise-grade applications with a focus on CI/CD, testing, cloud ops, security, data warehousing, and data science.

TERMS

ViscoSoft Group
Overview
PRICE PER SHARE
$188.68
DEADLINE
Dec 1, 2021
VALUATION
$50M
AMOUNT RAISED
$22,457.59
Breakdown
MIN INVESTMENT
$188.68
MAX INVESTMENT
$106,981.56
MIN NUMBER OF SHARES OFFERED
52
OFFERING TYPE
Equity
ASSET TYPE
UNITS
SHARES OFFERED
Class B Non-voting Units
MAX NUMBER OF SHARES OFFERED
5,670

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

ViscoSoft Group, LLC

Corporate Address

:

2923 South Tryon Street, Suite 140, Charlotte, NC 28203

Offering Minimum

:

$9,811.36

Offering Maximum

:

$1,069,815.60

Minimum Investment Amount

(per investor)

:

$188.68











Terms


Offering Type

:

Equity

Security Name

:

Class B Non-voting Units

Minimum Number of Shares Offered

:

52

Maximum Number of Shares Offered

:

5,670

Price per Share

:

$188.68

Pre-Money Valuation

:

$50,000,200.00











This Offering Memorandum (this “Memorandum” or “Offering Statement”) is provided solely to prospective investors through the Crowdfunding Portal provided at www.startengine.com and any subdomain thereof (the “Portal”) for the sole purpose of evaluating investments in certain securities (“Securities”) offered by ViscoSoft Group, LLC, a North Carolina limited liability company (the “Issuer”). The Securities, in the form of Units, will be governed by, a securities purchase agreement between the Issuer and the purchasers of the Securities.

The Issuer is seeking to raise a target of $9,811.36 and a maximum of $1,069,815.60 through the offering and sale of Securities on the StartEngine online portal (the “Offering”) in reliance on the exemption from registration pursuant to Section 4(a)(6) of the U.S. Securities Act of 1933 and the associated regulations thereto (“Regulation Crowdfunding”).

Maximum number of Units offered includes Bonus Units and is subject to adjustment for Bonus Units. See “Perks and Additional Bonus Units” and “The 10% StartEngine Owner’s Bonus.” Investments are made on a “first come first served” basis.

The deadline to reach the minimum target amount is November 30, 2021. If the sum of the investment commitments does not equal or exceed the target offering amount prior to November 30, 2021, no Securities will be sold in this Offering and investment commitments will be cancelled and committed funds will be returned to you.

Perks and Additional Bonus Units

In addition to anyone who is a member of the StartEngine OWNers bonus program as described below, certain other investors in this offering are also eligible to receive additional Units for their Units purchased (“Bonus Units”), which effectively gives them a discount on their investment. Receipt of Bonus Units pursuant to the StartEngine OWNers bonus program are not cumulative with the Bonus Units eligible to be received pursuant to the perks described below. 

Eligible investors will receive, as part of their investment, Bonus Units equal to 5%, 10% or 15% of the Units they purchase, depending upon perks described below. Investors receiving the 5% bonus (for investments of $2,500 or more) will pay an effective price of approximately $179.25 per Unit before the StartEngine processing fee, while investors receiving the 10% bonus (for investments of $10,000 or more) will pay an effective price of approximately $169.81 per Unit before the StartEngine processing fee and investors receiving the 15% bonus (for investments of $50,000 or more) will pay an effective price of approximately $160.38 per Unit before the StartEngine processing fee. The StartEngine processing fee will be assessed on the full Unit price of 188.68 for the purchased Units, and not any Bonus Units. 

If eligible for Bonus Units, investors will receive the greater amount of Bonus Units for which they are eligible and are not cumulative even if investors would qualify for multiple eligibility categories for receipt of Bonus Units. No additional consideration will be received by the Issuer for the issuance of Bonus Units and the Issuer will absorb the cost of the issuance of the Bonus Units. 

The Issuer will provide Investors with the following perquisites (“Perks”) to investors in this Offering whose funds are received by the Transfer Agent, in addition to the Units offered through this Offering. The perks for each level of investment is provided below. 

Tier 1 - $250+

A cooling Edge Memory Foam Travel Pillow - Perfect as a neck pillow at home or on the go!

Tier 2 - $500+

A set of crisp 300 Thread Count Organic Cotton Sheets - Amazing quality and durability.

Tier 3 - $1,000+

Choice of any Viscosoft signature mattress topper or pad. Recognized industry-wide for incredible quality and value. 

Tier 4 - 2,500+

Choice of any mattress topper + one bedding accessory. Investors will also receive an additional 5% Bonus Units with this level of investment.

Tier 5 - $5,000+

Choice of any Viscosoft or Muse Sleep mattress! Up to a $1,600 retail value. Investors will also receive an additional 5% Bonus Units with this level of investment.

Tier 6 - $10,000+

Choice of any Viscosoft or Muse Sleep Mattress. Choice of any Viscosoft matttress topper and two bedding accessories. Investors will also receive an additional 10% Bonus Units with this level of investment, as well as a 20 minute intro call with company management.

Tier 7 - $25,000+

Choice of any Viscosoft or Muse Sleep Mattress. Choice of any Viscosoft topper and five bedding accessories for your home. Investors will also receive an additional 10% Bonus Units with this level of investment, as well as a 30 minute Zoom call with our co-founder and CEO.

Tier 8 - $50,000+

Beds for your entire home and up to 10 accessories in any way you choose. Investors will also receive an additional 15% Bonus Units with this level of investment, as well as set up a 30 minute Zoom call with Gabe Dungan, our co-founder and CEO.

*All perks occur when the offering is completed.

**For the product perks, the Company is only able to deliver these perks to investors in the contiguous 48 states in the US.

The 10% StartEngine Owner’s Bonus

The Issuer will offer 10% additional bonus Units for all Units purchased by investors who are eligible to participate in the StartEngine Crowdfunding Inc.'s OWNer’s bonus.*

For example, if an investor purchases 100 Units at $188.68 per Unit, the investor will receive 110 Units even though their investment was only $18,868 (100 x $188.68). Fractional Units will not be distributed and bonuses will be determined by rounding down to the nearest whole Unit.

This 10% bonus is only valid during the eligibility period determined by StartEngine. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the Issuer surpasses its maximum funding goal. Meaning, they will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus based on their initial investment in the Issuer, which will be the highest bonus rate they are eligible for. 

*See https://www.startengine.com/owners-bonus for details.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Inter company debt or back payments.

PRESS

Article Image
The Spruce

The 7 Best Memory Foam Mattress Toppers of 2021

Article Image
CNET

Best mattress toppers for 2021 If you're not ready to buy a new mattress, these mattress toppers can make your current bed feel more comfortable for less.

Article Image
Healthline

Best Mattress Toppers 2021

ALL UPDATES

12.08.21

Viscosoft Offering Closed - Thank you to our Investors and Supporters

Viscosoft's Reg CF offering officially closed last week. 

We are proud of the support we received from the entire Viscosoft community. Whether you were an investor, or just someone interested in Viscosoft's mission of delivering a better sleep experience to consumers around the globe, we thank you for following along and encourage you to stick around for more exciting news in the future.

Viscosoft is on a path to disrupting the $12B sleep technology industry with a smart-mattress topper accessible to anyone looking to improve their sleep and we’re glad you’re along for the ride.

To our investors that qualified for investment perks. We will be in touch over the coming days with individual outreach to obtain your address information for delivery.  If you have questions about your investment or delivery of your products please contact us at support@viscosoft.com .  


10.11.21

Ambassadors Program - Live



Earlier this month Viscosoft relaunched its brand ambassador program.  An overwhelming amount of partnership inquiries convinced us to expand the program for customers and fans. Brand champions and loyal customers are eligible to become ambassadors.  Once accepted to the program, members earn free products and commissions for endorsing Viscosoft to their online communities...sharing our mission to deliver a better way to great sleep. We couldn't be more excited to see how the newest members of our extended family introduce Viscosoft to more people in need of a great night's sleep.

09.20.21

Viscosoft's Crowdfunding Campaign Has Launched 🌠

Investors,

For over a decade, Viscosoft has quietly pursued its mission of providing consumers a better way to great sleep.  We've seen a modest and motivated group of founders grow into an impressive team of engineers, merchants, and marketers across four continents and seen our brand become one of the most recognizable in our category.

September 17th begins a new chapter in company history.  We have officially begun accepting outside investment partners to help us continue disrupting the $432B sleep & sleep technology industry.

We're energized by the opportunities ahead, encouraged by the support of thousands of customers, and honored by the consideration and confidence of the StartEngine investment community.

Sleep Well,

The Viscosoft Team

 

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into ViscoSoft Group.

$188.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$250.00

Tier 1 - $250+

A cooling Edge Memory Foam Travel Pillow - Perfect as a neck pillow at home or on the go!

$500.00

Tier 2 - $500+

A set of crisp 300 Thread Count Organic Cotton Sheets - Amazing quality and durability.

$1,000.00

Tier 3 - $1,000+

Choice of any Viscosoft signature mattress topper or pad. Recognized industry-wide for incredible quality and value.

$2,500.00

Tier 4 - $2,500+

Choice of any mattress topper + one bedding accessory. Investors will also receive an additional 5% Bonus Units with this level of investment.

$5,000.00

Tier 5 - $5,000+

Choice of any Viscosoft or Muse Sleep mattress! Up to a $1,600 retail value. Investors will also receive an additional 5% Bonus Units with this level of investment.

$10,000.00

Tier 6 - $10,000+

Choice of any Viscosoft or Muse Sleep Mattress. Choice of any Viscosoft matttress topper and two bedding accessories. Investors will also receive an additional 10% Bonus Units with this level of investment, as well as a 20 minute intro call with comp

$25,000.00

Tier 7 - $25,000+

Choice of any Viscosoft or Muse Sleep Mattress. Choice of any Viscosoft topper and five bedding accessories for your home. Investors will also receive an additional 10% Bonus Units with this level of investment (more in terms below)

$50,000.00

Tier 8 - $50,000+

Beds for your entire home and up to 10 accessories in any way you choose. Investors will also receive an additional 15% Bonus Units with this level of investment, as well as set up a 30 minute Zoom call with Gabe Dungan, our co-founder and CEO.

JOIN THE DISCUSSION













0/2500

HOW INVESTING WORKS

Cancel anytime before 48 hours before a rolling close or the offering end date.

WHY STARTENGINE?

REWARDS

We want you to succeed and get the most out of your money by offering rewards and memberships!

SECURE

Your info is your info. We take pride in keeping it that way!

DIVERSE INVESTMENTS

Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$22,457.59
INVESTORS
34
MIN INVEST
$188.68
VALUATION
$50M

@ 2022 All Rights Reserved

Apple Store Logo

Get To Know Us

Our Team

Careers

Blog

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.


www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.


Investment opportunities posted and accessible through the site are of three types:


1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.


Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.


By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.


Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.


California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.


StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.