MobileSpike
Early Stage
A revolutionary way to end police chases and reduce tragic accidents
Overview
Raised: $83,147
Platform
Wefunder
Start Date
09/15/2016
Close Date
03/25/2017
Min. Goal
$50,000
Max. Goal
$388,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
0%
Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Location
Wilmington, Delaware
MobileSpike, with a valuation of $5 million, is raising funds on Wefunder. The company has developed the fastest and safest chase-stopping system in the world. MobileSpike is equipped in police cruisers and allows officers to act immediately before speeds increase. The business has multiple patents issued and has agencies in 22 states expressing interest. Michael Moormeier founded MobileSpike in March 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $388,000. The campaign proceeds will be used for sales, marketing, operations, inventory, and finalizing Gen2.
Summary Profit and Loss Statement
| FY 2015 | FY 2014 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-5,864 |
$-1,136,818 |
Summary Balance Sheet
| FY 2015 | FY 2014 | |
|---|---|---|
|
Cash |
$0 |
$255 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$37,516 |
$48,983 |
|
Short-Term Debt |
$26,813 |
$32,416 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$26,813 |
$32,416 |
Financials as of: 09/15/2016
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| MobileSpike | 03/25/2017 | Wefunder | $5,000,000 | $83,147 | SAFE | Funded | RegCF |
No prior online funding rounds.
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