Cmax System

Cmax System

Early Stage

Foldable Housing Technology

Foldable Housing Technology

Overview

Raised to Date: Raised: $214,442

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/05/2024

Close Date

04/28/2024

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$251

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.10

Pre-Money Valuation

$50,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

13

% of Min. Goal

1,430%

% of Max. Goal

17%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,230

# of Investors

119

Momentum
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Year Founded

2016

Industry

Real Estate & Construction

Tech Sector

Proptech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Location

Washington, District of Columbia

Business Type

Growth

Cmax System, with a valuation of $50 million, is raising funds on StartEngine. The company has developed an industrial-scale housing solution with multi-purpose uses. Cmax System’s housing solution can be used as shelters and mobile clinics, especially when challenged with complexities like forced displacement and climate change. The company has over 500,000 unit requests across seven continents and has clients like the UN, the US Government, the World Bank, and the Red Cross. Nicolas Garcia Mayor founded Cmax System in July 2016. The current crowdfunding campaign has a minimum target of $14,999.60 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, creating new molds, manufacturing 100 units, research and development, and company employment.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$15,289

$0

COGS

$12,222

$0

Tax

$0

$0

 

 

Net Income

$-118,521

$-26,980

Summary Balance Sheet

FY 2022 FY 2021

Cash

$22,416

$5,200

Accounts Receivable

$0

$0

Total Assets

$676,573

$570,299

Short-Term Debt

$6,348

$8,578

Long-Term Debt

$307,218

$133,885

Total Liabilities

$313,566

$142,463

Financials as of: 03/05/2024
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Cmax System on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $50,000,000
Price per Share: $1.10

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