Redivivus
Early Stage
Accelerating sustainable technology through cost-effective recycling
Overview
Raised: $528,903
Total Commitments ($USD)
Platform
StartEngine
Start Date
11/11/2021
Close Date
07/08/2022
Min. Goal
$9,999
Max. Goal
$1,069,999
Min. Investment
$225
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$2.25
Pre-Money Valuation
$20,717,624
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,222
# of Investors
397
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Redivivus, with a valuation of $20.7 million, is raising funds on StartEngine. The company provides the complete solution for lithium-ion battery recycling. The proprietary technology of Redivivus, Redi-Shred, provides battery passivization, material recovery service, full-service logistics, safe transportation of battery material, and cost-effective recycling. Redivivus earns revenue through white-glove battery collection and the sale of inert battery material. Erika Guerrero founded Redivivus in January 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998.75. The campaign proceeds will be used for generating new revenue with old metals.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-66,940 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$24,289 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$24,289 |
$0 |
|
Short-Term Debt |
$483 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$483 |
$0 |
Financials as of: 11/11/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.