Phixey

Phixey

Phixey, with a valuation of $10.01 million, is raising funds on StartEngine. The company is revolutionizing smart device protection by changing the way the repair and insurance industries operate. Phixey members pay less than $20 annually and receive free repair for their smart devices the same day without any deductibles and monthly premiums. The company has club members and technicians in all states and has also launched Phixey Wireless. Daniel M. Daragan founded Phixey in January 2020. The current crowdfunding campaign has a minimum target of $14,999.97 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

Expand

Investment Overview

Raised this Round: Raised: $41,266

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/01/2024
Close Date
01/29/2025
Min. Goal
$15,000
Max. Goal
$1,234,999
Min. Investment

$499

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.27

Pre-Money Valuation

$10,012,680

Company & Team

Company

Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Fort Lauderdale, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Daniel Daragan
Title
CEO

Financials

as of September 30, 2024
 Revenue
$5,101
 Monthly Burn
$8,000
 Runway
1.4 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$5,101

$3,663

COGS

$366,944

$304,058

Tax

$0

$0

 

 

Net Income

$-340,554

$-303,395

Summary Balance Sheet

FY 2023 FY 2022

Cash

$466

$177,095

Accounts Receivable

$0

$0

Total Assets

$466

$177,095

Short-Term Debt

$26,220

$13,969

Long-Term Debt

$46,000

$37,000

Total Liabilities

$72,220

$50,969

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$912,500
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/29/2025 StartEngine $10,012,680 $41,266 Equity - Common Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Phixey on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,012,680
Price per Share: $1.27

Follow company

Follow Phixey on StartEngine 2024

Buy Phixey's Deal Report

Phixey Deal Report

Get Kingscrowd's comprehensive report on Phixey including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Phixey is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Phixey deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge