Renoun Skis
Growth Stage
Award-winning, patented, proprietary VibeStop™ technology
Overview
Raised: $486,934
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
30
% of Min. Goal
4,869%
% of Max. Goal
39%
Likelihood of Max
Avg. Daily Raise
$4,551
Momentum
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Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Renoun Skis, with a valuation of $1.1 million, is raising funds on NetCapital. The company makes award-winning skis using its patented technology. Renoun Skis’ VibeStop technology is used to embed a non-newtonian polymer into the ski cores that adapts to different skiing styles and provides exceptional stability and performance. The business has an active subscriber base of 60,000 potential customers, with 35% of the 1,700 customers already rebuying. Cyrus Schenck founded Renoun Skis in November 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing and brand experience, management salaries, redemption of Class C units, hiring, and building a customer portal.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-47,916 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$26,100 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$299,518 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 01/21/2024
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