Guardian Athletics
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.
Overview
Raised: $62,520
Total Commitments ($USD)
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
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$8,137,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$169
Momentum
Funded
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Year Founded
2019
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
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
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