Cupcrew
Early Stage
Fashion-Forward Fitness
Overview
Raised: $1,600
Total Commitments ($USD)
Platform
Netcapital
Start Date
06/12/2023
Close Date
11/09/2023
Min. Goal
$10,000
Max. Goal
$123,849
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.41
Pre-Money Valuation
$5,864,500
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
44
% of Min. Goal
16%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$15
Momentum
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Year Founded
2023
Industry
Apparel & Fashion
Tech Sector
FashionTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Cupcrew, with a valuation of $5.86 million, is raising funds on NetCapital. The company combines fashion and technology with its innovative wearable solutions for tracking health and fitness. Cupcrew’s clothing will include a logo sensor embedded to collect data about the wearer’s fitness, including steps taken, distance traveled, and calories burned, and will be equipped with Bluetooth technology. Paul Gendrolis founded Cupcrew in February 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $123,849. The campaign proceeds will be used for marketing and general and administrative expenses.
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 |
Financials as of: 06/12/2023
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