Ampere

Growth Stage

The biggest eyewear innovation in more than 50 years

Overview

Raised to Date: Raised: $2,833,693

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

04/20/2023

Close Date

04/17/2024

Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$23,880,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

09/24/2023

Days Remaining

206

% of Min. Goal

11,335%

% of Max. Goal

229%

Likelihood of Max
exceeded
Avg. Daily Raise

$18,049

Momentum
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Year Founded

2023

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

DOVER, Delaware

Business Type

Growth

Company Website

Ampere is raising funds on Dealmaker Securities. It is a technology company that makes high-tech devices using innovation and creativity. The latest launch of Ampere is its app-enabled sports sunglasses, Dusk, which are electrochromic and tint-changing. The other product offerings of Ampere include Bluetooth shower speakers, wireless travel chargers, and power banks. Ampere has over 50,000 customers and has reported a 680% year-over-year gross revenue growth, with a revenue of $4 million in 2022. Reid Covington and Chase Larson founded Ampere in March 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for product development, IP, inventory, marketing, salaries, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,743,722

$344,882

COGS

$1,217,613

$263,451

Tax

$0

$0

 

 

Net Income

$-778,453

$-1,239,537

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,651

$178,218

Accounts Receivable

$36,253

$26,889

Total Assets

$1,682,251

$1,633,006

Short-Term Debt

$1,870,752

$1,609,313

Long-Term Debt

$1,328,647

$762,389

Total Liabilities

$3,199,399

$2,371,702
Financials as of: 04/20/2023
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Ampere on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $23,880,000
Price per Share: $4.00

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