MaxTracker

MaxTracker

Early Stage

Anti-theft GPS Protection for cars, kids & all personal property

Anti-theft GPS Protection for cars, kids & all personal property

Overview

Raised this Round: Raised: $77,260

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/02/2022

Close Date

03/02/2023

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$8,330,000

Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Thornton, Colorado

Business Type

Growth

MaxTracker, with a valuation of $8.33 million, is raising funds on StartEngine. The company has created the technology system to create anti-theft GPS protection for cars, kids, pets, valuables, and all personal property. MaxTracker is designed to provide an advanced and affordable anti-theft solution to track, locate, and pinpoint locations of personal property if it becomes lost. The device comes with a motion detection alarm, rechargeable battery, 5G/LTE connection, and GPS live tracking. Steven Maxey founded MaxTracker in July 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,235,000. The campaign proceeds will be used to optimize production, inventory, sales and marketing, and to launch new features and future products.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$41,916

$0

COGS

$54,485

$0

Tax

$0

$0

 

 

Net Income

$-144,855

$-3,122

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$531

$5,221

Accounts Receivable

$0

$0

Total Assets

$398,088

$280,182

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/02/2022
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.
Add to portfolio
MaxTracker on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,330,000
Price per Share: $2.50

Follow company

Follow MaxTracker on StartEngine 2022

Buy MaxTracker's Deal Report

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

MaxTracker Deal Report

Get KingsCrowd’s comprehensive report on MaxTracker including:

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

Buy the MaxTracker deal report for only $10!

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