PursuitAlert

Early Stage

SIMPLY SAVING LIVES

Overview

Raised to Date: 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
likely
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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PursuitAlert on Silicon Prairie Online 2023
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Platform: Silicon Prairie Online
Security Type: Convertible Note

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