Klean Scissors

Early Stage

The Deresinator, Break-through Technology To Assist In The Processing Of Cannabis.

Overview

Raised to Date: Raised: $500

Total Commitments ($USD)

Platform

Fundanna

Start Date

12/18/2020

Close Date

03/31/2021

Min. Goal
$10,000
Max. Goal
$500,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$3,700,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/31/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$5

# of Investors

2

Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2020

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Grass Valley, California

Business Type

Growth

Klean Scissors, with a pre-money valuation of $3.7 million, is raising funds on Fundanna. The company has designed and manufactured the Deresinator, to clean dirty scissors after trimming cannabis. The Deresinator uses automated breakthrough technology to ensure a cleaner and healthier workplace for cannabis workers and saves a lot of time. Dave Timoney and Jon Timoney founded Klean Scissors in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000, and the proceeds will be used towards bridge financing, sales and marketing, equipment, rent, salaries and wages, and general operating expenses. Klean Scissors has also developed a food-grade and non-toxic solvent to be sold along with the Deresinator.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,523

$0

Summary Balance Sheet

Most Recent Year Prior Year

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: 12/18/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Klean Scissors on Fundanna
Platform: Fundanna
Security Type: Equity - Preferred
Valuation: $3,700,000
Price per Share: $10.00

Follow company

Follow Klean Scissors on Fundanna

Buy Klean Scissors's Deal Report

Warning: according to the close date for this deal, Klean Scissors may no longer be accepting investments.

Klean Scissors Deal Report

Get KingsCrowd’s comprehensive report on Klean Scissors including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Klean Scissors is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Klean Scissors deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge