BeachSheetz

BeachSheetz

Closed: Apr. 2018

About this raise: Who Should Be Interested:
Do you love going to the beach or out for a picnic, but hate that you don’t have a good blanket to sit on? Well now, with BeachSheetz, you do -- and they might be worth your investment as a result! Their patented 7ft x 7ft beach sheet is heat-resistant, sand-resistant, and water-resistant -- and it comes with it’s own bag. Going to the beach is now a BeachSheetz breeze.
The Company:
BeachSheetz has created the world’s first rip-stop microfiber beach sheet that’s heat, water, and sand resistant. It’s seven feet by seven feet, meaning it’s perfect for any beach day or family picnic, and it has weighted corners to hold it down. Plus, it comes with its own attached drawstring backpack that has extra space for other items and a separate compartment for valuables. So far, BeachSheetz has raised over $150,000 on Kickstarter in 30 days, earning it the title of one of the top 1% of all Kickstarter campaigns ever, and they’ve sold 1500 units on Amazon in nearly 60 days. This venture is to help them raise capital to meet their demand, decrease the manufacturing costs, and expand globally into retail outlets.
The Bottom Line:
Having your durable go-to beach or picnic blanket is an absolute must. BeachSheetz’ popularity proves it, and they just made having -- and grabbing -- that blanket a whole lot easier. It’s time to beach it up -- with BeachSheetz!

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
GrowthFountain
Start Date
01/07/2018
Close Date
04/09/2018
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Pre-Money Valuation

$3,000,000

Company & Team

Company

Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Burbank, California
Company Website
Visit Website

Team

Employees
2

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/09/2018 GrowthFountain $3,000,000 $0 Equity - Common Not Funded RegCF
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BeachSheetz on GrowthFountain
Platform: GrowthFountain
Security Type: Equity - Common
Valuation: $3,000,000
Price per Share: $100.00

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Warning: according to the close date for this deal, BeachSheetz may no longer be accepting investments.

BeachSheetz Deal Report

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