[Closed for Investment] Ampere is raising funds on Republic. It is a technology company that makes high-tech devices using innovation and creativity. Ampere’s latest launch 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 100,000 customers and has reported a 680% year-over-year gross revenue growth, with gross LTD of over $10 million. Reid Covington and Chase Larson founded Ampere in March 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for inventory, sales and marketing, research and development, company employment, and operations.
Investment Overview
Raised: $392,645
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 04/09/2024
- Close Date
- 04/29/2024
$50,000
$1,000,000
$350
Equity - Common
Seed
RegCF
$5.00
$39,759,024
Company & Team
Company
- Year Founded
- 2023
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +9% YoY
- $3,000,000
- Monthly Burn
- $76,878
-
Runway
- 0 months
- Gross Margin
- 55%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $531,816
- VC Backed?
- Yes
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.