Wingocard, a personal finance platform for teenagers, launched in May 2021. At the time, it had more than 75K teens on its waitlist and was able to raise nearly $2M in seed funding. However, as the year came to a close, the company unsuccessfully sought out new investors to provide the fresh capital needed to keep it going, and eventually was forced to close down for good in May 2022.
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The OSSIC X was an ambitious and expensive product to develop. With funds from the crowdfunding campaign, along with angel investment, we were able to develop the product and ship the initial units. However, the product still requires significantly more capital to ramp to full mass production, and the company is out of money. 2ff7e9595c
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