Buttonsmith

Buttonsmith

Early Stage

Building the blueprint for the future of American manufacturing

Building the blueprint for the future of American manufacturing

Overview

Raised to Date: Raised: $1,084,017

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/12/2022

Close Date

04/30/2023

Min. Goal
$100,000
Max. Goal
$4,999,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$11.81

Early Bird Valuation

$20,003,911

Pre-Money Valuation

$24,999,597

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2023

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

$2,297

# of Investors

649

Momentum
Funded
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Year Founded

2014

Industry

Industrial Services

Tech Sector

AutomationTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Carnation, Washington

Business Type

Growth

Buttonsmith, with a valuation of $25 million, is raising funds on Wefunder. The company is revolutionizing the manufacturing industry in the US with its software-driven approach. The solutions of Buttonsmith eliminate the wastefulness and brittleness of the current manufacturing processes and help to make the orders on demand. Buttonsmith has more than 500,000 customers and generated $5.5 million in gross revenue in 2020. Darcy Burner founded Buttonsmith in May 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4,999,999. The campaign proceeds will be used for software development, additional equipment, marketing, design, and sales.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,522,792

$1,670,758

COGS

$3,318,043

$923,749

Tax

$9,357

$6,864

 

 

Net Income

$686,755

$491,940

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$103,511

$307,398

Accounts Receivable

$2,445

$0

Total Assets

$1,489,134

$744,633

Short-Term Debt

$149,758

$524,586

Long-Term Debt

$516,126

$115,950

Total Liabilities

$665,884

$640,536

Financials as of: 01/12/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Buttonsmith 04/29/2023 Wefunder $24,999,597 $1,084,017 Equity - Preferred Funded RegCF
Buttonsmith 01/11/2022 Wefunder $25,000,000 $543,680 Equity - Common Funded Test the Waters / 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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Buttonsmith on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $24,999,597
Price per Share: $11.81

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