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
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
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

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
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.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Ampere on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $23,880,000
Price per Share: $4.00

Follow company

Follow Ampere on Dealmaker Securities 2023

Buy Ampere's Deal Report

Ampere Deal Report

Get KingsCrowd’s comprehensive report on Ampere including:

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

Buy the Ampere deal report for only $10!

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