Exit 6

Exit 6

Closed: Mar. 2022

About this raise

Exit 6, with a pre-money valuation of $4.33 million, is raising funds on Fundanna. The hemp/CBD company works towards the distribution of retail products via vending machines. The CBD vending machines of Exit 6 will be placed at airports, malls, convenience stores, and other places. Alan Shetzer founded Exit 6 in April 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for equipment, business development, marketing and PR, salaries, and legal and accounting expenses. Exit 6 will take CBD products from established vendors and make them more available to the customers.

Expand

Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
Fundanna
Start Date
04/30/2021
Close Date
03/31/2022
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$300

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,331,166

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Willmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Jamie Shetzer
Title
Co-founder

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$37
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-441

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/31/2022 Fundanna $4,331,166 $0 Convertible Note Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Exit 6 on Fundanna
Platform: Fundanna
Security Type: Convertible Note
Valuation: $4,331,166

Follow company

Follow Exit 6 on Fundanna

Buy Exit 6's Deal Report

Warning: according to the close date for this deal, Exit 6 may no longer be accepting investments.

Exit 6 Deal Report

Get Kingscrowd's comprehensive report on Exit 6 including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Exit 6 is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Exit 6 deal report for only $10!

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