Mazarine

Early Stage

Solar Powered, Custom Built Dock Boxes

Analytics

Raised to Date: Raised: $109,579

Aggregate Commitments $

Platform

StartEngine

Start Date

11/26/2020

Close Date

04/30/2021

Min. Goal

$9,999

Max. Goal

$750,000

Min. Investment

$249

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$1.18

Pre-Money Valuation

$15,045,000

Rolling Commitments $

Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

1,096%

% of Max. Goal

15%

Likelihood of Max
Funded
Avg. Daily Raise

$707

# of Investors

128

Momentum
Funded
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Location

Panama City Beach, Florida

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Mazarine, with a pre-money valuation of $15 million, is raising crowdfunding on StartEngine. The company is bringing patent-pending dehumidifying technology for boating storage. The technology will be used to manufacture solar-powered dock boxes that offer style, function, and customization. Jamin Finlaw founded Mazarine in 2018. The current crowdfunding round has a minimum goal of $9,999.32 and a maximum goal of $749,999.74, and the funds will be used to expand the offerings, develop strategic partnerships, improve efficiency, and streamline production. Mazarine moved rapidly from the proof of concept phase to sales of $340,000 in less than a year. The product is beautiful, functional, and highly durable.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$17,053

$0

COGS

$27,272

$0

Tax

$0

$0

 

 

Net Income

$-89,057

$-593

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,059

$9,554

Accounts Receivable

$2,500

$0

Total Assets

$176,969

$17,054

Short-Term Debt

$80,945

$0

Long-Term Debt

$108,969

$0

Total Liabilities

$189,914

$0

Financials as of: 11/26/2020
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Mazarine on StartEngine
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,045,000

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