Coral Smart Pool
About this raise
Coral Smart Pool, with a valuation of $18.5 million, is raising funds on Wefunder. The company has developed a patented AI-powered drowning detection system for residential pools. Coral Smart Pool’s drowning detection system, MYLO, is easy to install and turns pool safety into an automated and intelligent solution. The solution has been featured by CBS, NBC, and KTLA and has major B2B partnerships potential with water parks, hotels, and other pool-equipped facilities. Shadie Bisharat and Dr. Tamar Avraham founded Coral Smart Pool in August 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1.24 million. The campaign proceeds will be used for scale production, marketing and sales, R&D, and sales pipeline expansion.
Investment Overview
$2,000,000 - Total
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/26/2025
- Close Date
- 03/25/2025
$150,000
$1,235,000
$250
SAFE
Seed
RegCF
/ RegD 506(c)
$18,500,000
25%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
- $533,597
- Monthly Burn
- $108,000
-
Runway
- 9.5 months
- Gross Margin
- 18%
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
- Total Prior Capital Raised
- $6,155,708
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/25/2025 | Wefunder | $18,500,000 | $2,000,000 | SAFE | Not Funded | RegCF / RegD 506(c) |