ACME AtronOmatic (2024)

About this raise

ACME AtronOmatic, with a valuation of $94.12 million, is raising funds on StartEngine. It is an AI-focused software company empowering users with an app that anticipates weather and environmental threats. ACME AtronOmatic’s MyRadar app uses AI rain prediction algorithms and additional valuable features to help people stay ahead of the weather and other dangers like wildfires and road weather conditions. The company is also developing its own satellite constellation to enhance its ability to observe the world and predict potential threats. Andrew Green founded ACME AtronOmatic in July 2023. The current crowdfunding campaign has a minimum target of $7,500 and a maximum target of $826,305. The campaign proceeds will be used for research and development, general and administrative expenses, and sales and marketing.

Investment Overview

Invested this round: $1,599,789

Deal Terms
Company & Team

Total Commitments

Platform: StartEngine
Start Date: 08/15/2024
Close Date: 12/09/2024

Min. Goal
$7,500

Max Goal
$1,601,186

Min. Investment

$499

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF

Price Per Share

$3.75

Pre-Money Valuation

$94,121,303

Company

Year Founded: 2023
Industry: Business Services, Software, & Applications
Tech Sector: EnterpriseTech
Distribution Model: B2B/B2C
Margin: High
Capital Intensity: Low
Location: ORLANDO, Florida
Business Type: High Growth
Company Website: Visit Website

Team

Employees: 34
Prior Founder Exits?: No

Founder Name: Andrew Green
Title: CEO

Financials

as of July 31, 2024

Revenue +9% YoY: $8,954,131
Monthly Burn: $121,468
Runway: 0.9 months

View Detailed Financials

Summary Profit and Loss Statement

	FY 2023	FY 2022
Revenue	$8,954,131	$8,195,946
COGS	$0	$0
Tax	$0	$0


Net Income	$-1,457,614	$44,026

Summary Balance Sheet

	FY 2023	FY 2022
Cash	$209,370	$250,379
Accounts Receivable	$837,512	$149,806
Total Assets	$1,076,487	$438,399
Short-Term Debt	$596,613	$507,616
Long-Term Debt	$249,885	$355,681
Total Liabilities	$846,498	$863,297

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Ratings

Total Prior Capital Raised: $4,814,622
VC Backed?: No

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
01/27/2026	StartEngine	$96,180,000	$1,069,373	Equity - Common	Active	RegA+
12/09/2024	StartEngine	$94,121,303	$1,599,789	Equity - Common	Funded	RegCF
02/19/2024	StartEngine	$70,000,000	$4,996,310	Equity - Common	Funded	RegCF

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Revenue
Valuation
Price per Share
Employees

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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View on StartEngine

Common Stock, $94.1M • Closed

12 Following

Add to Portfolio

18 Invested

Deal Considerations

2
Key Challenges
- Try Edge free for 7 days
Other Risks
- No other risks found

ACME AtronOmatic (2024)

ACME AtronOmatic (2024)

About this raise