fouRy
About this raise
fouRy, with a valuation of $12.1 million, is raising funds on StartEngine. The company has developed the world’s best spray technology that creates its own propulsion and economizes on fluid or powder usage. The fouRy spraying technology is charge-injected, low-power, and minimizes environmentally harmful drift and overspray. The Spray Triode Atomizer of fouRy uses Charge-Injected Precision Spraying (ChIPS) for superior performance at a competitive cost. Arnold Kelly and Robert Allen Gore founded fouRy in February 2016. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,996.95. The campaign proceeds will be used for upgrading the lab, hiring technicians and engineers, paying for design consultation, paying for patents, and operating costs.
Investment Overview
Invested : $133,998
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 08/18/2022
- Close Date
- 11/18/2022
$10,000
$1,069,997
$215
Equity - Common
Early Stage
RegCF
$2.15
$12,074,594
Company & Team
Company
- Year Founded
- 2016
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $566,276
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/18/2022 | StartEngine | $12,074,594 | $133,998 | Equity - Common | Funded | RegCF |