QwikLocker by TQG
Early Stage
Solving the Last Mile
Overview
Raised: $11,644
Total Commitments ($USD)
Platform
StartEngine
Start Date
08/07/2024
Close Date
11/06/2024
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment
$500
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.08
Pre-Money Valuation
$10,000,000
Year Founded
2023
Industry
Security, Cybersecurity, & Defense
Tech Sector
Hardwaretech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
QwikLocker by TQG, with a valuation of $10 million, is raising funds on StartEngine. The innovative technology company is dedicated to deploying QwikLockers across the country. QwikLockers have a patented locker system and proprietary software and work with all major US courier companies, including FedEx, DHL, UPS, and USPS. QwikLocker by TQG has secured installation agreements with major retailers like Ace Hardware and Circle K and has signed a letter of intent with Rite Aid. Neil Biafore founded QwikLocker by TQG in June 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, operations, working capital, company employment, and inventory.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-4,693 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$55,554 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$55,554 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/07/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| QwikLocker by TQG | 11/06/2024 | StartEngine | $10,000,000 | $11,644 | Equity - Common | Active | RegCF |
No prior online funding rounds.
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