Ally Robotics
ENHANCING THE HUMAN EXPERIENCE
Overview
Raised: $656,920
Total Commitments ($USD)
Platform
Republic
Start Date
11/01/2022
Close Date
05/06/2023
Min. Goal
$999
Max. Goal
$8,500,000
Min. Investment
$999
Security Type
Equity - Common
Series
Series B
SEC Filing Type
RegA+
Price Per Share
$2.70
Pre-Money Valuation
$25,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/31/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,532
# of Investors
302
Momentum
Funded
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Year Founded
2021
Industry
Industrial Services
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Ally Robotics, with a valuation of $25 million, is raising funds on Republic through Reg A+ crowdfunding. The company is building a smart and safe lightweight robotic arm for the restaurant industry. The robotic arm is sized similarly to a human arm and aims to be integrated into service locations with little or no additional equipment required. The robotic arm of Ally Robotics will be perfect for fast food restaurants with little or no need to redesign or rebuild the workspaces. Mitch Tolson founded Ally Robotics in 2021. The current crowdfunding campaign has a maximum target of $8,500,000. The campaign proceeds will be used for product development, personnel, and general overhead expenses.
Balance Sheet
| Total Assets |
$6,875 |
|
Accounts Payable & Accrued Liabilities |
$6,875 |
|
Long Term Debt |
$0 |
|
Total Liabilities |
$6,875 |
| Total Liabilities and Equity |
$6,875 |
Statement of Comprehensive Income Information
| Net Income |
$-710 |
|
Earnings Per Share - Basic |
$0.00 |
|
Earnings Per Share - Diluted |
$0.00 |
Auditor: Artesian CPA
Financials as of: 11/01/2022
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