Avivid Water Technology
Early Stage
Bringing sustainable water treatment to heavy industry
Overview
Raised: $37,976
Total Commitments ($USD)
Platform
Republic
Start Date
01/05/2023
Close Date
03/09/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
Funding Type
RegCF
Valuation Cap
$10,000,000
Discount Rate
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
35
% of Min. Goal
152%
% of Max. Goal
3%
Likelihood of Max
Avg. Daily Raise
$1,356
# of Investors
61
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
Longmont, Colorado
Industry
Industrial Services
Tech Sector
Cleantech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Avivid Water Technology, with a valuation of $10 million, is raising funds on Republic. The company has developed its patented wastewater treatment technology suitable for heavy industry. The groundbreaking technology of Avivid Water Technology provides chemical-free water treatment with the help of electrocoagulation. The company has three international patents and has proven its technology with six pilot projects across three industries and four states. Dr. Lockett Wood founded Avivid Water Technology in February 2005. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring employees with expertise in water treatment and sales and marketing, R&D, marketing, capital for pilot projects, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$150,815 |
$48,604 |
|
COGS |
$-9,035 |
$-4,549 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$358,476 |
$420,368 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$6,367 |
$12,496 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,196,852 |
$1,238,276 |
|
Short-Term Debt |
$586,386 |
$463,833 |
|
Long-Term Debt |
$184,500 |
$0 |
|
Total Liabilities |
$770,886 |
$463,833 |
Financials as of: 01/05/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Analyst Report
Pending Review