Cannabiscope
A cannabis-focused SaaS platform to provide e-commerce solutions
Overview
Raised: $19,203
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/11/2021
Days Remaining
Not Funded
% of Min. Goal
38%
% of Max. Goal
5%
Likelihood of Max
Not Funded
Avg. Daily Raise
$110
# of Investors
91
Momentum
Not Funded
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Year Founded
2015
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
CommerceTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Cannabiscope, a cannabis-focused SaaS platform, is raising funds on MicroVentures. The company has a valuation cap of $4 million and works as the link between cannabis retailers and consumers. The Cannabiscope platform makes it easier for the CBD/THC retailers to showcase their products and for the consumers to learn more about the products before purchasing. David Schacter and Paul Shockley founded Cannabiscope in 2018 and have raised $138,000 in previous rounds of financing. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $396,072, and the proceeds will be used for R&D, marketing, and general working capital. Cannabiscope already has over 257 active businesses and has conducted two successful pilot tests.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$75 |
$3,125 |
COGS |
$974 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-115,602 |
$-27,493 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$18,802 |
$137,923 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$61,647 |
$157,923 |
Short-Term Debt |
$10,900 |
$36,575 |
Long-Term Debt |
$138,928 |
$138,928 |
Total Liabilities |
$149,828 |
$175,503 |
Financials as of: 04/19/2021
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Cannabiscope | 10/11/2021 | Microventures | $4,000,000 | $19,203 | Convertible Note | Not Funded | RegCF |
Cannabiscope | 12/09/2019 | Microventures | $2,500,000 | $134,420 | Convertible Note | Funded | RegCF |
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