Mediloq

Mediloq

Early Stage

Sustainable Child-Safe Packaging

Sustainable Child-Safe Packaging

Overview

Raised this Round: Raised: $20,271

Total Commitments ($USD)

Platform

StartEngine

Start Date

12/04/2022

Close Date

02/03/2023

Min. Goal
$15,000
Max. Goal
$581,202
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.37

Pre-Money Valuation

$5,994,754

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Boulder, Colorado

Business Type

Growth

Mediloq, with a valuation of $5.99 million, is raising funds on StartEngine. The company makes and sells closed-loop child-safe containers for pharmaceutical and supplement manufacturers. The containers of Mediloq are safe and sustainable alternatives to disposable plastic packaging and are durable enough to remain child-safe over a lifetime of reuses and refills. Mediloq has generated significant e-commerce revenue and has signed an agreement with a company to sell its products into over 2,000 B&M stores across the US. Dan Estoque, Nicolas Legare, and Henry Burgess-Marshall founded Mediloq in October 2016. The current crowdfunding campaign has a minimum target of $14,999.73 and a maximum target of $581,202. The campaign proceeds will be used to develop next-gen sustainable child-safe packaging, automated wash and test equipment, and a kiosk collection system, develop partnerships, build a distribution network, and strengthen the patent positions.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$23,733

$39,091

COGS

$6,906

$52,211

Tax

$0

$0

 

 

Net Income

$-22,875

$-45,784

Summary Balance Sheet

FY 2021 FY 2020

Cash

$791

$2,981

Accounts Receivable

$0

$0

Total Assets

$791

$55,363

Short-Term Debt

$81,190

$58,724

Long-Term Debt

$0

$126,615

Total Liabilities

$81,190

$185,339

Financials as of: 12/04/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Mediloq 02/02/2023 StartEngine $5,994,754 $20,271 Equity - Common Funded RegCF
Mediloq 09/28/2022 Ignite Social Impact $3,125,000 $36,800 Equity - Common Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Mediloq on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,994,754
Price per Share: $2.37

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Follow Mediloq on StartEngine 2022

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