About the offering
Fathom, a Techstars 2017 company, is making underwater exploration accessible for everyone, allow everyday people to discover the world in a new way. One of the co-founders of Fathom, Danny Vessells, grew up spending summers at his grandparents lakeside cabin in Northern Michigan and was told for years about horse drawn carriages and sunken artifacts being at the bottom of the lake. Danny wanted to know if they were actually there, but wasn’t able to do this for two reasons: One, he wasn’t SCUBA certified, and two, everything that would allow him to get there remotely cost thousands of dollars and was highly technical. That’s when Danny went to John Boss and Matt Gira with an idea to open up this vast, hidden underwater world to anyone with a smartphone through an affordable, easy to use, underwater drone. As a team, they’ve been on a mission to bring this type of exploration and adventure to the world for three years.
FAQ
How much has Fathom raised?
Fathom has raised $13,415 of a $1.07M goal.
Where is Fathom's campaign listed?
The offering is listed on Netcapital, an SEC-registered Reg CF intermediary.
What are the terms of Fathom's raise?
Common Stock, $5.07M cap, $49.50/share.
When does Fathom's offering close?
The stated close date is Apr 2, 2018.