GATR Coolers
Growth Stage
Durable Coolers
Overview
Raised: $541,814
Total Commitments ($USD)
Platform
Dealmaker Securities
Start Date
12/05/2022
Close Date
02/28/2023
Min. Goal
$250,000
Max. Goal
$1,235,000
Min. Investment
$500
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$26.00
Pre-Money Valuation
$26,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$6,450
# of Investors
128
Momentum
Funded
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Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
GATR Coolers, with a valuation of $26 million, is raising funds on DealMaker Securities. The company makes premium and durable custom products, including coolers, drinkware, boats, pool areas, and golf carts. The flagship products of GATR Coolers include hard and soft-sided customizable coolers, drinkware, tees, headwear, cooler pads, signature latches, and other accessories. The business has a loyal customer base and has reported a 1,000% revenue growth since 2017. Bryan McGehee and Mitch McGehee founded GATR Coolers in April 2022. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1.24 million. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$1,395,139 |
$601,546 |
|
COGS |
$731,307 |
$360,664 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$52,543 |
$-157,736 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$223,915 |
$58,743 |
|
Accounts Receivable |
$140,859 |
$64,353 |
|
Total Assets |
$493,105 |
$295,597 |
|
Short-Term Debt |
$382,252 |
$137,393 |
|
Long-Term Debt |
$655,638 |
$662,232 |
|
Total Liabilities |
$1,037,890 |
$799,625 |
Financials as of: 12/05/2022
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