AirBox Technologies

AirBox Technologies

Early Stage

Secure deliveries anytime, anywhere!

Secure deliveries anytime, anywhere!

Overview

Raised this Round: Raised: $11,639

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/30/2021

Close Date

03/30/2022

Min. Goal
$9,989
Max. Goal
$1,069,962
Min. Investment

$489

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$69.85

Pre-Money Valuation

$35,001,486

Year Founded

2019

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

EnterpriseTech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Richmond, Virginia

Business Type

Growth

AirBox Technologies, with a valuation of $35 million, is raising funds on StartEngine. The company designs secure and smart mailboxes for businesses and individuals. The two products of AirBox Technologies, AirBox Deep and AirBox Home, are controlled through a mobile app and ensure the safe arrival of packages and mail. AirBox Technologies works on award-winning technology and has partnerships with ZEP Transports, UN OPS, and the Government of Antigua. Brandon T Pargoe and Dr. Jeremy Tucker founded AirBox Technologies in June 2019. The current crowdfunding campaign has a minimum target of $9,988.55 and a maximum target of $1,069,962.30. The campaign proceeds will be used to manufacture the product inventory for the distribution partners.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,920

$0

COGS

$216,759

$266,964

Tax

$0

$0

 

 

Net Income

$-209,839

$-266,964

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$9,757

$9,898

Accounts Receivable

$0

$0

Total Assets

$165,568

$166,263

Short-Term Debt

$1,642

$993

Long-Term Debt

$351,700

$150,000

Total Liabilities

$353,342

$150,993

Financials as of: 11/30/2021
Create a free account today to gain access to KingsCrowd analytics.

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
AirBox Technologies on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $35,001,486
Price per Share: $69.85

Follow company

Follow AirBox Technologies on StartEngine 2021

Buy AirBox Technologies's Deal Report

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

AirBox Technologies Deal Report

Get KingsCrowd’s comprehensive report on AirBox Technologies including:

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

Buy the AirBox Technologies deal report for only $10!

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