Klean Scissors

Early Stage

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

Analytics

Raised to Date: Raised: $500

Aggregate Commitments $

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

Funding Type

RegCF

Series

Seed

Price Per Share

$10.00

Pre-Money Valuation

$3,700,000

Rolling Commitments $

Status
Not Funded
Reporting Date

03/31/2021

Days Remaining
Not Funded
% of Min. Goal

5%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$5

# of Investors

2

Momentum
Not Funded
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Location

Grass Valley, California

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

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
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Klean Scissors on Fundanna
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Platform: Fundanna
Security Type: Equity - Preferred
Valuation: $3,700,000

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