Overview
Raised: $1,067,976
Total Commitments ($USD)
Platform
StartEngine
Start Date
08/12/2019
Close Date
11/07/2019
Min. Goal
$9,996
Max. Goal
$1,069,999
Min. Investment
$7
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$7.00
Pre-Money Valuation
$18,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
11/30/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$12,276
# of Investors
1,482
Momentum
Funded
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Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
Hardwaretech
Location
Aventura, Florida
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%.
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