A Band of Anglers

Early Stage

Fishing Lures

Analytics

Raised to Date: Raised: $260,653

Aggregate Commitments $

Platform

StartEngine

Start Date

01/19/2022

Close Date

08/16/2022

Min. Goal

$10,000

Max. Goal

$1,069,000

Min. Investment

$200

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$5.00

Pre-Money Valuation

$7,790,000

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

52

% of Min. Goal

2,607%

% of Max. Goal

24%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,660

Momentum
cold.svg
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Location

Winter Haven, Florida

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

A Band of Anglers, with a valuation of $7.79 million, is raising funds on StartEngine. The company designs and sells innovative fishing lures and tackle to catch bigger and more fish. The business uses its patent-pending technology to improve the durability, performance, and swim action of the lures. A Band of Anglers sells through top-tier retail distributors and big boxes and has generated $2.3 million in cumulative revenues. Patrick Sebile founded A Band of Anglers in August 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,000. The campaign proceeds will be used for national expansion through B2B and D2C sales and international expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$848,780

$635,009

COGS

$393,286

$374,339

Tax

$0

$0

 

 

Net Income

$-625,704

$-1,311,700

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$17,654

$51,249

Accounts Receivable

$28,305

$174,374

Total Assets

$622,957

$833,079

Short-Term Debt

$1,301,894

$886,312

Long-Term Debt

$1,860,000

$1,860,000

Total Liabilities

$3,161,894

$2,746,312

Financials as of: 01/19/2022
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A Band of Anglers on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,790,000

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