Cadi

Early Stage

Combining autonomous retail and ecommerce to revolutionize golf

Overview

Platform

Dealmaker Securities

Start Date

12/29/2022

Close Date

05/01/2023

Min. Goal

$9,998

Max. Goal

$3,000,000

Min. Investment

$249

Security Type

Equity - Common

Series

Series A

Funding Type

RegCF

Price Per Share

$1.72

Pre-Money Valuation

$49,800,000

Location

Nashville, Tennessee

Industry

Consumer Products, Goods & Services

Tech Sector

AutomationTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Cadi, with a valuation of $49.8 million, is raising funds on Dealmaker Securities. It is a community-focused marketplace that uses patent-pending technology to offer a one-of-a-kind retail experience for users. Cadi is the first golf platform with on-course automation and try-before-you-buy on everything. The business has signed venue LOIs and solidified partnerships, with over $2 million in pilot testing sales. Tyler Gottstein founded Cadi in June 2016. The current crowdfunding campaign has a minimum target of $9,998.36 and a maximum target of $3 million. The campaign proceeds will be used for marketing and market launch.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$438,345

$726,891

COGS

$408,422

$472,060

Tax

$0

$0

 

 

Net Income

$-733,151

$6,244

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$389,307

$128,914

Accounts Receivable

$0

$0

Total Assets

$773,691

$328,997

Short-Term Debt

$143,965

$145,520

Long-Term Debt

$14,512

$312,954

Total Liabilities

$158,477

$458,474

Financials as of: 12/29/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Cadi 05/01/2023 Dealmaker Securities $49,800,000 $0 Equity - Common Active RegCF
Cadi 04/30/2022 StartEngine $42,000,000 $509,833 Equity - Common Funded RegCF
Cadi 07/29/2021 StartEngine $10,051,686 $1,518,804 Equity - Common Funded RegCF
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Cadi on Dealmaker Securities 2022
$
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $49,800,000
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