Cadi
Combining autonomous retail and ecommerce to revolutionize golf
Overview
Raised: $370,851
Total Commitments ($USD)
Dealmaker Securities
12/28/2022
05/01/2023
$249
Equity - Common
Series A
RegCF
$1.72
$24,900,000
$49,800,000
Rolling Commitments ($USD)
05/30/2023
$3,015
2016
Consumer Products, Goods & Services
AutomationTech
B2B/B2C
Low
High
Summary Profit and Loss Statement
| FY 2020 | FY 2019 | |
|---|---|---|
|
Revenue |
$438,345 |
$726,891 |
|
COGS |
$408,422 |
$472,060 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-733,151 |
$6,244 |
Summary Balance Sheet
| FY 2020 | FY 2019 | |
|---|---|---|
|
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 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Cadi | 04/30/2023 | Dealmaker Securities | $49,800,000 | $370,851 | Equity - Common | Funded | RegCF |
| Cadi | 04/29/2022 | StartEngine | $42,000,000 | $509,833 | Equity - Common | Funded | RegCF |
| Cadi | 07/28/2021 | StartEngine | $10,051,686 | $1,518,804 | Equity - Common | Funded | RegCF |
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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Company Updates
Cadi uses e-commerce and automated kiosk machines to make shopping for golf equipment easier. For example, customers like myself can buy golf clubs either at Cadi kiosks located on golf courses or by ordering them online and then picking them up from a nearby kiosk. Cadi allows users to test equipment before committing to buying them. This helps customers avoid the hassle and cost of returning them.
Cadi raised $509,833 on StartEngine back in April 2022. Here’s what’s changed since Cadi’s last round.