ReelView Fishing

ReelView Fishing

About this raise

ReelView Fishing, with a valuation of $27.5 million, is raising funds on DealMaker Securities. The company has created an advanced real-time underwater fishing system using its patented technology. ReelView Fishing’s eLine technology transmits data and power to underwater devices and delivers live underwater videos to the surface. The company is currently pre-revenue and has secured 200 pre-order deposits within just 30 days. Dustin Alinger and Tom Milnes founded ReelView Fishing in May 2020. The current crowdfunding campaign has a minimum target of $10,000.06 and a maximum target of $4.5 million. The campaign proceeds will be used for technology and product development, sales and marketing, infrastructure, equipment and manufacturing setup, inventory, and general working capital.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
DealMaker Securities
Start Date
02/03/2025
Close Date
04/25/2025
Min. Goal
$10,000
Max Goal
$4,461,059
Min. Investment

$971

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.85

Pre-Money Valuation

$27,511,522

Company & Team

Company

Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Boston, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Dustin Alinger
Title
CEO

Funding data not publicly available

Financials

as of December 31, 2024
 Revenue
$0
 Monthly Burn
$49,350
 Runway
4 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,592,128

$-184,223

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,369,454

$659,512

Accounts Receivable

$0

$0

Total Assets

$1,616,774

$659,512

Short-Term Debt

$4,471

$44,379

Long-Term Debt

$65,756

$0

Total Liabilities

$70,227

$44,379

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$3,875,302
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/25/2025 DealMaker Securities $27,511,522 - Equity - Common Active RegCF
10/29/2024 StartEngine $19,921,374 $469,334 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
ReelView Fishing on DealMaker Securities 2025
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $27,511,522
Price per Share: $1.85

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