GoFish Cam (2017)

GoFish Cam (2017)

About this raise

GoFish Cam, with a valuation of $3 million, is raising funds on SeedInvest. The company has developed an underwater camera that can sit on fishing lines without affecting the line, bait, or lure. GoFish Cam helps fishing enthusiasts better understand what’s happening underwater, from how a fish reacts to bait or lure, to where they might be hiding, to what fish species are underneath them. The camera records in 1080 HD, has night vision, and can go 150 meters underwater. Brandon Jason Austin and Ryan Austin founded GoFish Cam in November 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $400,000. The campaign proceeds will be used for production, product launch marketing, and general and administrative expenses.

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Investment Overview

Invested this round: $100,000

Deal Terms

Platform
SeedInvest
Start Date
01/03/2017
Close Date
05/22/2017
Min. Goal
$100,000
Max Goal
$400,000
Min. Investment

$1,000

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$3,000,000

Discount

20%

Company & Team

Company

Year Founded
2015
Industry
Consumer Products, Goods & Services
Tech Sector
Location
Austin, Virginia
Company Website
Visit Website

Team

Funding data not publicly available

Financials

 Revenue
$0
as of FY2016
 Cash on Hand
$24,980
as of FY2016

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2016 FY 2015

Cash

$24,980

$0

Accounts Receivable

$0

$0

Total Assets

$24,980

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/23/2018 SeedInvest - $191,100 Debt Funded RegCF / RegD 506(c)
05/22/2017 SeedInvest $3,000,000 $100,000 Convertible Note Funded RegCF / RegD 506(c)
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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

Employee History

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GoFish Cam on SeedInvest 2017
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $3,000,000

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Follow GoFish Cam on SeedInvest 2017

Buy GoFish Cam's Deal Report

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

GoFish Cam Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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