AccuShoot
Early Stage
The smartest path to marksmanship mastery
Overview
Raised: $686,344
Rolling Commitments ($USD)
Status
Active
Reporting Date
04/24/2024
Days Remaining
1
% of Min. Goal
6,863%
% of Max. Goal
56%
Likelihood of Max
Avg. Daily Raise
$1,638
Momentum
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Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
AccuShoot, with a valuation of $16 million, is raising funds on NetCapital. The company has developed an app to improve and maintain marksmanship. The app is focused on citizens and law enforcement and military organizations and aims to digitize the marksmanship experience. AccuShoot monitors the target and shooter in real-time, tracks shooter evolution over time, and recommends drills to improve and maintain skills and proficiency. AccuShoot has received an SBIR grant from the US Air Force and has secured strategic partnerships with marksmanship training companies. Francisco Martin and Poul Petersen founded AccuShoot in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for R&D, marketing, legal fees, accounting fees, and other expenses.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$49,713 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-1,513,177 |
$-1,155,235 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$419 |
$170 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$494,669 |
$490,170 |
Short-Term Debt |
$2,531,779 |
$1,063,933 |
Long-Term Debt |
$0 |
$500 |
Total Liabilities |
$2,531,779 |
$1,064,433 |
Financials as of: 03/02/2023
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