Flash Scientific Technology

Flash Scientific Technology

About this raise

Flash Scientific Technology, with a valuation of $89.8 million, is raising funds on StartEngine. It is a weather intelligence company that uses artificial intelligence to predict lightning. The weather predictions of Flash Scientific Technology are meant to save lives and prevent the adverse effects of weather conditions. Flash Scientific Technology has the patented prototype to predict lightning with 15-25 minutes of lead time, 96.5% accuracy in summer, and 99.6% accuracy in other seasons. Jason Deese founded Flash Scientific Technology in August 2020. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $3,929,046.75. The campaign proceeds will be used to expand the product suite.

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Investment Overview

Invested this round: $401,578

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
02/16/2022
Close Date
06/16/2022
Min. Goal
$10,000
Max Goal
$3,929,047
Min. Investment

$345

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.75

Pre-Money Valuation

$89,755,758

Company & Team

Company

Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
AgriTech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
Palmetto, Georgia
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Jason Deese
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$-19,905

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$63

Accounts Receivable

$0

$0

Total Assets

$0

$63

Short-Term Debt

$0

$4,576

Long-Term Debt

$0

$0

Total Liabilities

$0

$4,576

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2023 StartEngine $90,669,879 $631,048 Equity - Common Funded RegCF
06/16/2022 StartEngine $89,755,758 $401,578 Equity - Common Funded RegCF
04/30/2021 StartEngine $10,200,000 $1,069,158 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Flash Scientific Technology on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $89,755,758
Price per Share: $0.75

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Follow Flash Scientific Technology on StartEngine 2022

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

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