HoloGear

Growth Stage

The future of sports is bright with our proprietary, holographic technology!

Analytics

Raised to Date: Raised: $59,432

Aggregate Commitments $

Platform

Wefunder

Start Date

10/29/2021

Close Date

03/05/2022

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$20,000,000

Discount Rate

15%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

97

% of Min. Goal

119%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,981

Momentum
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Location

Chicago, Illinois

Industry

Media, Entertainment & Publishing

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

HoloGear, with a valuation of $20 million, is raising funds on Wefunder. It is an innovative sporting goods and apparel company. The company makes holographic sports products that can be used to play sports at night and exercise safely in the dark. HoloGear uses a proprietary material that is embedded with thousands of reflective beads to reflect light powerfully. Ryan Richards and Jonah Belanger founded HoloGear in May 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for inventory, advertising, research and development, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,243,686

$663,899

COGS

$1,601,582

$331,783

Tax

$6,689

$100

 

 

Net Income

$-409,868

$-24,676

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$-3,355

$39,355

Accounts Receivable

$0

$0

Total Assets

$779,145

$188,572

Short-Term Debt

$779,464

$192,413

Long-Term Debt

$317,549

$8,296

Total Liabilities

$1,097,013

$200,709

Financials as of: 10/29/2021
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HoloGear on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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