DrySee

DrySee

Early Stage

Visibly Better Protection

Visibly Better Protection

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/08/2022

Close Date

10/31/2022

Min. Goal
$9,999
Max. Goal
$999,998
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.96

Pre-Money Valuation

$9,936,995

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

10/31/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

DrySee, with a valuation of $9.94 million, is raising funds on StartEngine. The company has made a waterproof bandage with liquid intrusion technology. The bandage is targeting the advanced dressings market and comes with liquid indicating perimeter band and center pad to alert the users when the water has penetrated the bandage. DrySee has reported a month-over-month increase in its Amazon sales and a 57% total revenue increase since February 2022. Brad Greer founded DrySee in July 2019. The current crowdfunding campaign has a minimum target of $9,999.36 and a maximum target of $999,998.40. The campaign proceeds will be used for growth, new product development, and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$80,654

$463

COGS

$95,831

$6,573

Tax

$0

$0

 

 

Net Income

$-642,849

$-851,468

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$746

$23,130

Accounts Receivable

$0

$0

Total Assets

$723,820

$629,038

Short-Term Debt

$41,921

$30,403

Long-Term Debt

$2,212,328

$1,544,968

Total Liabilities

$2,254,250

$1,575,371

Financials as of: 09/08/2022
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
DrySee on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,936,995
Price per Share: $0.96

Follow company

Follow DrySee on StartEngine 2022

Buy DrySee's Deal Report

Warning: according to the close date for this deal, DrySee may no longer be accepting investments.

DrySee Deal Report

Get KingsCrowd’s comprehensive report on DrySee including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether DrySee is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the DrySee deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge