Infanttech
Infanttech, with a valuation of $7.09 million, is raising funds on StartEngine. It is a parenting technology and lifestyle brand selling innovative baby monitors. Infanttech’s baby monitors are meant for cars and are portable, versatile, secure, cute, and comforting. The company has five utility patents and has generated over $8 million in lifetime revenues. Lizette Espinosa founded Infanttech in March 2012. The current crowdfunding campaign has a minimum target of $14,999.74 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, manufacturing, marketing, company employment, and reducing high-interest debt.
Investment Overview
Raised: $36,151
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 09/17/2024
- Close Date
- 12/16/2024
$15,000
$1,235,000
$300
Equity - Common
Seed
RegCF
$0.38
$7,092,815
Company & Team
Company
- Year Founded
- 2012
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -51.3% YoY
- $1,238,158
- Monthly Burn
- $65,000
-
Runway
- 0.6 months
- Gross Margin
- 54%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $240,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/16/2024 | StartEngine | $7,092,815 | $36,151 | Equity - Common | Active | RegCF |