Lumenco
Growth Stage
Microstructures For An Advanced Future
Overview
Raised: $0
Total Commitments ($USD)
Platform
Silicon Prairie Online
Start Date
07/14/2022
Close Date
08/31/2022
Min. Goal
$25,000
Max. Goal
$250,000
Min. Investment
$1,000
Security Type
Equity - Preferred
Series
Series B
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$40,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/08/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2013
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Lumenco, with a valuation of $40 million, is raising funds on Silicon Prairie Online. The company is launching various patented technologies in different industries commercially. The flagship technology of Lumenco is its patented micro lens anti-counterfeiting technology being launched in currencies throughout the world. Lumenco works only in the protected IP space and has partnered with some of the largest banknote companies in the world. Mark Raymond founded Lumenco in April 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for IP protection, marketing, and commercializing EMI shielding.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,955,789 |
$0 |
|
COGS |
$175,123 |
$206,733 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-149,956 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$333,628 |
$74,224 |
|
Accounts Receivable |
$44,367 |
$214,845 |
|
Total Assets |
$489,019 |
$397,111 |
|
Short-Term Debt |
$888,787 |
$653,133 |
|
Long-Term Debt |
$408,784 |
$539,532 |
|
Total Liabilities |
$1,297,571 |
$1,192,665 |
Financials as of: 07/14/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.