Puraclenz
Early Stage
Welcome to the Future of Clean
Overview
Raised: $137,116
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/08/2022
Close Date
06/07/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$248
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$8.00
Pre-Money Valuation
$29,698,767
Rolling Commitments ($USD)
Status
Funded
Reporting Date
06/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,524
# of Investors
75
Momentum
Funded
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Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Puraclenz, with a valuation of $29.7 million, is raising funds on StartEngine. The company has developed a device that cleans indoor air and exposed surfaces of viruses and mold. The certified ozone-free technology of Puraclenz, PCO, deactivates pathogens, including mold spores, bacteria, fungal allergens, and odors. Puraclenz has patents issued in the USA, China, Japan, and Macau and has pending patents filed in UAE, India, Canada, South Korea, and for the European Patent Organisation. Chris Dooley and Wendell Minnick founded Puraclenz in December 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$595,844 |
$0 |
|
COGS |
$294,504 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,313,008 |
$-203,954 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$63,487 |
$268,991 |
|
Accounts Receivable |
$43,078 |
$0 |
|
Total Assets |
$2,761,568 |
$2,049,694 |
|
Short-Term Debt |
$1,225,464 |
$2,247,742 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$1,225,464 |
$2,247,742 |
Financials as of: 03/08/2022
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