Cleancash by SaniCash

Cleancash by SaniCash

Closed: Apr. 2021

About this raise

Cleancash by SaniCash, with a pre-money valuation of $8.46 million, is raising crowdfunding on StartEngine. The company makes patent-pending systems that utilize ultraviolet-C light energy to sanitize cash and credit card terminals. The system is aimed at protecting the interaction between consumers and vendors and making commerce safe again. Nevin Jenkins founded Cleancash by SaniCash in June 2020. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for prototyping, research and development, and bringing the products to market. Cleancash by SaniCash is led by an experienced team that is creating a brand new market category.

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Investment Overview

Invested this round: $135,212

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
10/08/2020
Close Date
04/30/2021
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$8,463,800

Company & Team

Company

Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
Insurtech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
Homosassa, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Nevin Jenkins
Title
CEO and President

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2021 StartEngine $8,463,800 $135,212 Equity - Common Funded RegCF
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Add to portfolio
Cleancash by SaniCash on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,463,800
Price per Share: $10.00

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Warning: according to the close date for this deal, Cleancash by SaniCash may no longer be accepting investments.

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