Adv3nture

Adv3nture

Growth Stage

Premium Outdoor Apparel

Premium Outdoor Apparel

Overview

Raised to Date: Raised: $325,450

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/30/2021

Close Date

03/29/2022

Min. Goal
$10,000
Max. Goal
$535,000
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$18,779,248

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/02/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,818

# of Investors

400

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2019

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Beverly Hills, California

Business Type

Growth

Company Website

Adv3nture, with a valuation of $18.8 million, is raising funds on StartEngine. The company manufactures innovative outdoor apparel and backpacks for people involved in adventure and exploration. Adv3nture also offers curated excursions that provide life-changing experiences. Adv3nture is backed by an experienced and passionate team, and its revenue grew by 700% in 2020 compared to 2019. Zane Lamprey and Melissa Lamprey founded Adv3nture in 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $535,000. The campaign proceeds will be used for launching new products and expand to new locations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,020,703

$138,089

COGS

$512,953

$345,289

Tax

$0

$0

 

 

Net Income

$102,122

$-305,451

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$76

$6,296

Accounts Receivable

$48,148

$46,747

Total Assets

$794,133

$594,802

Short-Term Debt

$206,456

$183,551

Long-Term Debt

$0

$0

Total Liabilities

$206,456

$183,551
Financials as of: 09/30/2021
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Adv3nture 03/28/2022 StartEngine $18,779,248 $325,450 Equity - Common Funded RegCF
Adv3nture 12/20/2019 StartEngine $8,930,000 $539,050 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

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

Valuation History

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Adv3nture on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $18,779,248
Price per Share: $4.00

Follow company

Follow Adv3nture on StartEngine 2021
View on StartEngine (Closed)
Deal Analytics
Company Ratings
Deal Considerations

Buy Adv3nture's Deal Report

Warning: according to the close date for this deal, Adv3nture may no longer be accepting investments.

Adv3nture Deal Report

Get KingsCrowd’s comprehensive report on Adv3nture including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Adv3nture is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Adv3nture deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge