[Closed for Investment]
AquaVault, with a pre-money valuation of $18 million, is raising funds on StartEngine. The company manufactures portable travel safes that can get locked to the beach furniture to keep the valuables secure. AquaVault is already offering its product to hundreds of hotels and amusement parks and growing well. The company was founded by Avin Samtani, Robert Peck, and Jonathan Kinas in 2014 and already has five issued patents, four pending patents, and three global trademarks. The company has secured a funding deal with Daymond Jones through Shark Tank, while the current crowdfunding round has a maximum goal of $1,070,000. AquaVault is close to $10 million in total sales, and the year-over-year revenue growth is projected to be around 240%.
Investment Overview
Raised: $1,067,976
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 08/12/2019
- Close Date
- 11/07/2019
$9,996
$1,069,999
$7
Equity - Common
RegCF
$7.00
$18,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Travel and Hospitality
- Tech Sector
- Location
- Aventura, Florida
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
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Company Funding & Growth
Funding history
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.