AquiPor

AquiPor

Growth Stage

Revolutionizing Stormwater Systems

Revolutionizing Stormwater Systems

Overview

Raised to Date: Raised: $1,554,261

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/10/2021

Close Date

08/29/2022

Min. Goal
$9,999
Max. Goal
$3,930,894
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.75

Pre-Money Valuation

$50,370,232

Rolling Commitments ($USD)

Status
Funded
Reporting Date

09/03/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$4,058

# of Investors

1,994

Momentum
Funded
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Year Founded

2015

Industry

Industrial Services

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Spokane, Washington

Business Type

Growth

AquiPor, with a pre-money valuation of $50.3 million, is raising funds on StartEngine. The company has developed an innovative technology that is meant to revolutionize stormwater systems in cities across the US. The proprietary technology converts roads and sidewalks into permeable surfaces and filters rain as and when it falls. It helps to eliminate pollution from stormwater and replenishes the natural water cycle. AquiPor Technologies was founded by Greg Johnson and Kevin Kunz in 2015 and raised over $1 million in its previous round of crowdfunding. The funds from the current crowdfunding round, with a minimum goal of $9,999 and a maximum goal of $3,930,894, will be used to go to the market with its products. AquiPor Technologies’ technology is patented and will help in reducing millions of dollars of infrastructure improvement costs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$25,000

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-930,694

$-551,629

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$437,418

$184,511

Accounts Receivable

$53,900

$169,689

Total Assets

$491,723

$355,414

Short-Term Debt

$40,580

$36,495

Long-Term Debt

$118,863

$124,975

Total Liabilities

$159,443

$161,470

Financials as of: 08/10/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
AquiPor 05/19/2024 StartEngine $51,946,534 $673,824 Equity - Common Active RegCF
AquiPor 08/28/2022 StartEngine $50,370,232 $1,554,261 Equity - Common Funded RegCF
AquiPor 09/21/2020 StartEngine $19,400,000 $1,069,895 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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AquiPor on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $50,370,232
Price per Share: $2.75

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