RP Designs
Early Stage
Where passion merges technology and science to create beauty
Overview
Raised: $22,185
Total Commitments ($USD)
Platform
StartEngine
Start Date
11/30/2021
Close Date
02/23/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$150
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$10,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/27/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$264
# of Investors
28
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/30/2021
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