Little Dragon Dabs
About this raise
Little Dragon Dabs, with a valuation of $6 million, is raising funds on TruCrowd. The company has developed a delivery-only dispensary for a dependable and convenient cannabis delivery experience. The platform is based on a proprietary API that offers seamless browsing, clean aesthetics, and an intuitive UI and works on a powerful machine learning algorithm to make accurate recommendations. Little Dragon Dabs will operate in states where cannabis is legal and will sell its products through strategic partnerships with licensed delivery services. Ross Franklin founded Little Dragon Dabs in December 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, future wages, and general working capital.
Investment Overview
Not Funded: $6,035
Deal Terms
Total Commitments
- Platform
- truCrowd
- Start Date
- 04/19/2023
- Close Date
- 12/08/2024
$10,004
$1,234,995
$142
Equity - Common
Early Stage
RegCF
$7.10
$6,000,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
-
$0
as of FY2023
- Monthly Burn
-
$3,561
as of FY2023
-
Runway
-
1.3 months
as of FY2023
Upgrade to gain access
-
$12.50 /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
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/08/2024 | truCrowd | $6,000,000 | $6,035 | Equity - Common | Not Funded | RegCF |
