Armslock USA

Early Stage

Portable, life-saving tech for handgun owners + Law Enforcement

Analytics

Raised to Date: Raised: $50,250

Aggregate Commitments $

Platform

Wefunder

Start Date

11/18/2021

Close Date

03/24/2022

Min. Goal

$100,002

Max. Goal

$1,069,998

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$11,549,250

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

109

% of Min. Goal

50%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,956

Momentum
cold.svg
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Location

New York, New York

Industry

Security, Cybersecurity, & Defense

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Armslock USA, with a valuation of $11.5 million, is raising funds on Wefunder. The company has developed a portable and life-saving technology that prevents accidental discharge of handguns. The durable lock mechanism and fast gun retrieval also prevent gun snatching. Armslock USA is working with Salida, an international private security company, for a large-scale pilot run and is in a joint venture with India’s TVS Motors for the production of its smart holster. Yohi Cohen and Yaron Moshe Tsion founded Armslock USA in February 2020. The current crowdfunding campaign has a minimum target of $100,002 and a maximum target of $1,069,998. The campaign proceeds will be used for marketing, advertising, production, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-150,105

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,025

$0

Accounts Receivable

$0

$0

Total Assets

$20,025

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/18/2021
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Armslock USA on Wefunder 2021
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $11,549,250

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