Encore Artistic Solutions

Early Stage

Make More Art, Not More Waste

Overview

Raised to Date: Raised: $85,688

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/02/2022

Close Date

02/14/2023

Min. Goal

$9,999

Max. Goal

$1,234,999

Min. Investment

$249

Security Type

Equity - Common

Series

Seed

Funding Type

RegCF

Price Per Share

$1.65

Pre-Money Valuation

$13,535,775

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

13

% of Min. Goal

857%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$942

# of Investors

29

Momentum
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Location

Oceanside, California

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Encore Artistic Solutions, with a valuation of $13.54 million, is raising funds on StartEngine. The company has developed a patent-pending process that transforms discarded paint into high-quality fine art paint. The first product of Encore Artistic Solutions is a premium fine art paint named Tomorrow’s Artist that aims to make sustainability a part of artistic practices. The business is reducing the amount of paint that ends up in landfills and delivering premium paint that artists love. Steve Ross founded Encore Artistic Solutions in July 2021. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1.23 million. The campaign proceeds will be used to launch a social media marketing campaign, develop new and exciting products, and establish strategic partnerships.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$812

$0

COGS

$4,093

$14,890

Tax

$0

$0

 

 

Net Income

$-153,484

$-49,534

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,691

$1,437

Accounts Receivable

$0

$0

Total Assets

$10,691

$1,437

Short-Term Debt

$2,858

$0

Long-Term Debt

$50,000

$0

Total Liabilities

$52,858

$0

Financials as of: 11/02/2022
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Encore Artistic Solutions on StartEngine 2022
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $13,535,775

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