Coin and Card Auctions

Coin and Card Auctions


About this raise: Coin and Card Auctions is raising funds on Dealmaker Securities. The company has developed a solution to remedy the faults and inconsistencies in the collectibles market. The business has developed a nano-scanning technology that can be used to grade the quality of collectibles. The technology compares users’ coin or card data with the data on a deep neural network using AI and machine learning. Coin and Card Auctions also uses its patent-pending digital fingerprinting for numismatic coins and sports cards. Michael Johnson founded Coin and Card Auctions in May 2021. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $3.9 million. The campaign proceeds will be used for research and development, sales and marketing, and general and administrative expenses.

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Investment Overview

Invested this round: $84,608

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
06/21/2023
Close Date
04/30/2024
Min. Goal
$5,000
Max. Goal
$3,886,981
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.75

Pre-Money Valuation

$27,234,779

Company & Team

Company

Year Founded
2021
Industry
Business Services, Software, & Applications
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Des Moines, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Michael Johnson
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$83,299
 Runway
2.4 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-999,586

$-369,918

Summary Balance Sheet

FY 2022 FY 2021

Cash

$199,404

$28,709

Accounts Receivable

$0

$0

Total Assets

$1,241,008

$677,231

Short-Term Debt

$60,512

$128,198

Long-Term Debt

$187,947

$291,739

Total Liabilities

$248,459

$419,937

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,259,432
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2024 DealMaker Securities $27,234,779 $84,608 Equity - Common Funded RegCF
03/10/2023 Dalmore Group $15,135,875 $945,323 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Coin and Card Auctions on Dealmaker Securities 2023
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $27,234,779
Price per Share: $0.75

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Warning: according to the close date for this deal, Coin and Card Auctions may no longer be accepting investments.

Coin and Card Auctions Deal Report

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