Kitchenery

Early Stage
Smart Kitchen Counters and Cordless Appliances
Overview
Raised: $105,323
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
211%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$2,149
# of Investors
59
Momentum
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Kitchenery, with a valuation of $9 million, is raising funds on Wefunder. The company uses its provisional patented technology to make smart kitchen counters and cordless appliances. Kitchenery’s wireless power receiver and transmitter technology eliminates the need for power cords in kitchen appliances and gives users an efficient way to use their kitchen cabinet space and kitchen countertop. Kitchenery is backed by large technology conglomerates and plans to begin production in the fourth quarter of 2024. Akshay Bhuva and Agustin Mendez founded Kitchenery in November 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for functional product development activities, marketing and website optimization, technology certification activities, and operational costs.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-31,556 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$1,967 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$1,967 |
$0 |
Short-Term Debt |
$33,443 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$33,443 |
$0 |
Financials as of: 02/06/2023
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