Care2

Care2

Early Stage

Care2 gives you the tools to make the impossible possible.

Care2 gives you the tools to make the impossible possible.

Overview

Raised this Round: Raised: $243,755

Platform

StartEngine

Start Date

09/25/2017

Close Date

12/11/2017

Min. Goal
$9,999
Max. Goal
$1,069,999
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.35

Pre-Money Valuation

$34,235,901

Year Founded

1998

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Redwood City, California

Care2, with a valuation of $34.2 million, is raising funds on StartEngine. It is a social network of citizen activists, nonprofits, and mission-based brands. Care2 combines cutting-edge technology with the community to help power the new world of philanthropy. The company has been involved in significant changes and has over 600 million petition signatures to date. Randy Paynter founded Care2 in September 1998. The current crowdfunding campaign has a minimum target of $9,999.45 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, salaries, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$14,498,739

$16,274,549

COGS

$15,897,524

$15,495,861

Tax

$20,058

$8,715

 

 

Net Income

$-1,576,822

$639,661

Summary Balance Sheet

FY 2016 FY 2015

Cash

$940,545

$2,517,569

Accounts Receivable

$600,248

$928,815

Total Assets

$4,116,141

$5,941,912

Short-Term Debt

$4,443,790

$3,852,119

Long-Term Debt

$574,873

$1,362,737

Total Liabilities

$5,018,663

$5,214,856

Financials as of: 09/25/2017
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Care2 on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $34,235,901
Price per Share: $1.35

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