Dandy Technology
Early Stage
The Dawn of Intelligent Lawn Care
Overview
Raised: $11,760
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/30/2024
Close Date
07/29/2024
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.50
Pre-Money Valuation
$20,000,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/15/2024
Days Remaining
74
% of Min. Goal
78%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$784
# of Investors
21
Momentum
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Location
South Barrington, Illinois
Dandy Technology, with a valuation of $20 million, is raising funds on StartEngine. The company has developed smart-tech solutions to transform lawn care. Dandy Technology has created AI-powered robots, DT-01 and DT01XL, that help in eco-friendly and cost-effective weed control and reduce the use of pesticides by over 95%. The intelligent technology of Dandy Technology is built for everyday consumers to achieve weedless lawns sustainably and effortlessly. Peter Wokwicz and Stanley Charles Duda founded Dandy Technology in September 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$94,855 |
$0 |
|
COGS |
$745,166 |
$844,486 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-643,175 |
$-844,486 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$439,748 |
$325,777 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,065,719 |
$842,684 |
|
Short-Term Debt |
$439,640 |
$616 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$439,640 |
$616 |
Financials as of: 04/30/2024
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