Guardian Athletics

Early Stage

Guardian Athletics’ KatoCollar provides better protection to the head and neck of athletes by slowing their movement after impact by up to 30% and allowing football players a lightweight, discreet design that doesn’t get in the way of a safer way to play football.

Analytics

Raised to Date: Raised: $62,520

Funding History

Aggregate Commitments $

Platform

Netcapital

Start Date

04/25/2021

Close Date

04/29/2022

Min. Goal

$10,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$2.00

Pre-Money Valuation

$8,137,000

Rolling Commitments $

Status

Funded

Reporting Date

05/01/2022

Days Remaining

Funded

% of Min. Goal

625%

% of Max. Goal

25%

Likelihood of Max

Funded

Avg. Daily Raise

$169

Momentum

Funded

Logos provided by Clearbit

Location

North Mankato, Minnesota

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

SEC Filing

Company Website

Guardian Athletics, with a post-money valuation of $8.38 million, is raising funds on NetCapital. The company designs and manufactures protective gear for athletes. The flagship product, KatoCollar, protects the head and neck of athletes and football players. The collar slows down the movement after the impact and offers protection without restricting movement. Jeff Chambers founded Guardian Athletics in October 2019 and raised $1 million in previous rounds of financing. The proceeds of the current crowdfunding campaign, with a minimum goal of $10,000 and a maximum goal of $250,000, will target biomechanical testing, debt repayment, marketing, and managers’ compensation. Guardian Athletics has received an innovation grant from the Department of Economic and Employment Division and has supplied the collars to many football teams.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$60,360	$22,068
COGS	$3,965	$95,096
Tax	$0	$0


Net Income	$-277,684	$-388,400

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$1,123	$2,050
Accounts Receivable	$107,042	$70,496
Total Assets	$316,774	$249,905
Short-Term Debt	$666,812	$510,869
Long-Term Debt	$623,182	$357,135
Total Liabilities	$1,289,994	$868,003

Financials as of: 04/25/2021

Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Guardian Athletics	04/29/2022	Netcapital	$8,137,000	$62,520	Equity - Common	Funded	RegCF
Guardian Athletics	04/24/2021	Netcapital	$8,387,000	$0	Equity - Common	Funded	Test the Waters

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Guardian Athletics