2nd Skull
About this raise
2nd Skull, with a valuation of $10.3 million, is raising funds on StartEngine. The company uses its patented Impact Absorption Technology to create protective headgear. The headgear of 2nd Skull is lightweight, breathable, and practical and features stalwart impact protection. 2nd Skull also plans to develop and launch a sensor-enabled wearable product line. Federico Olivares Velasco founded 2nd Skull in December 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,990. The campaign proceeds will be used to launch new products and improve lives.
Investment Overview
Invested : $60,495
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/11/2022
- Close Date
- 08/08/2022
$10,000
$1,069,990
$150
Equity - Preferred
Early Stage
RegCF
$10.00
$10,312,250
Company & Team
Company
- Year Founded
- 2016
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -8.9% YoY
- $124,319
- Monthly Burn
- $38,826
-
Runway
- 5.6 months
- Gross Margin
- 76%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $610,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/08/2022 | StartEngine | $10,312,250 | $60,495 | Equity - Preferred | Funded | RegCF |