Clear Genius
About this raise
Clear Genius, with a pre-money valuation of $5.5 million, is raising funds on StartEngine. The company has created the first eco-friendly sustainable water filtration system, featuring reusable cartridges and replaceable Filter Pods. The cartridges and pods of Clear Genius fit into most big brand pitchers at a low cost and eliminates the use of single-use plastic cartridge. Clear Genius was founded by Roy G Mayo in 2015. The current round of crowdfunding of the company has a minimum raise of $10,000 and a maximum raise of $1,070,000. The technology of Clear Genius has been certified by the Water Quality Association to meet the required standards. The company has attained over 30,000 customers through retail and e-commerce and is placed in leading grocery stores like Publix.
Investment Overview
Invested : $108,335
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/03/2020
- Close Date
- 04/30/2021
$10,000
$1,070,000
$250
Equity - Common
Early Stage
RegCF
$1.00
$5,500,000
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $266,848
- Monthly Burn
- $37,415
-
Runway
- 2.3 months
- Gross Margin
- 33%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2021 | StartEngine | $5,500,000 | $108,335 | Equity - Common | Funded | RegCF |