PursuitAlert
Early Stage
SIMPLY SAVING LIVES
Overview
Raised: $33,500
Total Commitments ($USD)
Platform
Silicon Prairie Online
Start Date
01/16/2023
Close Date
01/13/2024
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment
$500
Security Type
Convertible Note
Funding Type
RegCF
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/03/2023
Days Remaining
344
% of Min. Goal
67%
% of Max. Goal
7%
Likelihood of Max
Avg. Daily Raise
$1,861
# of Investors
11
Momentum
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Location
Pickens, South Carolina
Industry
Security, Cybersecurity, & Defense
Tech Sector
AutomationTech
PursuitAlert is raising funds on Silicon Prairie Online. The company has developed a patented warning system that allows law enforcement to send critical messages directly to citizens. The system, DigitalSiren, alerts citizens of dangerous events nearby through its app, Apple maps, Waze maps, and Stelantis passenger vehicles. In this way, PursuitAlert aims to prevent injuries, fatalities, and damages caused by the necessary activities of law enforcement. Timothy Morgan founded PursuitAlert in October 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used to grow sales and integrate DigitalSiren into more user endpoints.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$224,489 |
$12,091 |
|
COGS |
$748,512 |
$3,988 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-36,758 |
$-161,637 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,565 |
$3,896 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$45,313 |
$47,780 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$305,364 |
$271,073 |
|
Total Liabilities |
$305,364 |
$271,073 |
Financials as of: 01/16/2023
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