Caary Capital

Caary Capital

[Closed for Investment] Caary Capital is raising funds on Dalmore Group through Reg A+ crowdfunding. The company is engaged in developing an innovative credit facility model. The model uses a CAARY-branded credit card issued on Mastercard’s global merchant network and a business expense management platform. Both the products of Caary Capital are expected to be released in the third quarter of 2021. John MacKinlay, Steve Apostolopoulos, and Jason Sawyer founded Caary Capital in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $30,000,000. The campaign proceeds will be used for global market launch, technology build for new products, and global support structure.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Dalmore Group
Start Date
07/23/2021
Close Date
Not Provided
Min. Goal
$750
Max. Goal
$30,000,000
Min. Investment

$750

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.50

Company & Team

Company

Year Founded
2019
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Oakville, Ontario
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
John MacKinlay
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$166,011
 Runway
23.8 months

Balance Sheet

Cash and Cash Equivalents

$3,949,167

Accounts and Notes Receivable

$1,178,088

Property, Plant and Equipment (PP&E)

$9,990

Total Assets

$5,677,245

Accounts Payable & Accrued Liabilities

$175,112

Long Term Debt

$297,093

Total Liabilities

$472,205

Total Stockholders' Equity

$5,205,040

Total Liabilities and Equity

$5,677,245

Statement of Comprehensive Income Information

Costs & Expenses Applicable to Rev

$1,992,127

Net Income

$-1,992,127

Earnings Per Share - Basic

$-0.01

Earnings Per Share - Diluted

$-0.01

Auditor: MNP LLP
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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/21/2021 Dalmore Group - - Equity - Common Not Funded RegA+
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Caary Capital on Dalmore Group 2021
Platform: Dalmore Group
Security Type: Equity - Common
Price per Share: $1.50

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