Kaptain

Kaptain

Early Stage

Adventure Made Simple

Adventure Made Simple

Overview

Raised this Round: Raised: $36,889

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/01/2023

Close Date

09/29/2023

Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.73

Pre-Money Valuation

$6,299,492

Year Founded

2021

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

Low

Location

SAN DIEGO, California

Business Type

Growth

Kaptain, with a valuation of $6.3 million, is raising funds on NetCapital. The company has developed a platform that empowers users to explore new places and try new sports. The discovery and planning platform functions both as a community and as a marketplace for rentals, gears, and guides. Kaptain has been launched on the Apple App Store, supported 1,400 outdoor activities across 33 sports, and has ten commitments from gear shop owners. Kirk Magnuson and Erik Magnuson founded Kaptain in April 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for the rental marketplace, marketing, salaries, activity data contracting, hiring, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-75,339

$-63,885

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/01/2023
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Kaptain on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $6,299,492
Price per Share: $0.73

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