PANGEA Movement

Early Stage

The Next Patagonia For Our Oceans

Analytics

Raised to Date: Raised: $194,393

Aggregate Commitments $

Platform

Wefunder

Start Date

05/26/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$800,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,400,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

389%

% of Max. Goal

24%

Likelihood of Max
extremely
Avg. Daily Raise

$6,480

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Mountain View, California

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

PANGEA Movement, with a valuation of $6.4 million, is raising funds on Wefunder. The company is building a global movement of eco-conscious outdoor lovers to protect the oceans. The company is also co-creating unique and carbon-negative ecological products that regenerate the environment with each purchase. The products of the PANGEA Movement include towels and jackets made of 100% bamboo and 100% recycled plastic. PANGEA Movement has generated $750,000 in revenue from more than 10,000 customers in 2021 under its Singapore parent company. Marcos Bulacio and William DiRicco founded PANGEA Movement in September 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $800,000. The campaign proceeds will be used for marketing, inventory, product development, and reserves.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-61,310

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$9,023

$0

Accounts Receivable

$77,832

$0

Total Assets

$95,153

$0

Short-Term Debt

$156,464

$0

Long-Term Debt

$0

$0

Total Liabilities

$156,464

$0

Financials as of: 05/26/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
PANGEA Movement on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $6,400,000

Follow company

Follow PANGEA Movement on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on PANGEA Movement on Wefunder 2022

Thank you for your vote on PANGEA Movement on Wefunder 2022

Bullish / Bearish
You're Bearish on PANGEA Movement on Wefunder 2022

Thank you for your vote on PANGEA Movement on Wefunder 2022