DrySee
About this raise: 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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 09/09/2022
- Close Date
- 10/31/2022
$9,999
$999,998
$250
Equity - Common
Seed
RegCF
$0.96
$9,936,995
Company & Team
Company
- Year Founded
- 2019
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,846,778
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2022 | StartEngine | $9,936,995 | $0 | Equity - Common | Not Funded | RegCF |