MaxTracker
Early Stage
Anti-theft GPS Protection for cars, kids & all personal property
Overview
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
Price Per Share
$2.50
Pre-Money Valuation
$8,330,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$515
# of Investors
85
Momentum
Funded
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Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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
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