RP Designs
About this raise
RP Designs, with a valuation of $10 million, is raising funds on StartEngine. The company uses technology and innovation to develop smart bicycles, components, and accessories. It has created The Smart-Cockpit that makes cycling safer and more convenient and brings safety and convenience for all riders. The technology can make any new or existing bicycle smart in minutes. Rudi Pienaar founded RP Designs in October 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for expansion in national and international markets.
Investment Overview
Not Funded: $22,185
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 12/01/2021
- Close Date
- 02/23/2022
$10,000
$1,070,000
$150
Equity - Common
Pre-Seed
RegCF
$1.00
$10,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/23/2022 | StartEngine | $10,000,000 | $22,185 | Equity - Common | Not Funded | RegCF |