Ampere
Growth Stage
The biggest eyewear innovation in more than 50 years
Overview
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
Price Per Share
$4.00
Pre-Money Valuation
$23,880,000
Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
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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