Dandy Technology

Dandy Technology

Early Stage

The Dawn of Intelligent Lawn Care

The Dawn of Intelligent Lawn Care

Overview

Raised to Date: Raised: $12,536

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    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$20,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/25/2024

Days Remaining

64

% of Min. Goal

84%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$501

# of Investors

24

Momentum
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Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

South Barrington, Illinois

Business Type

Growth

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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Dandy Technology on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $2.50

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