Shape Accelerator
Early Stage
Support natural fat-burning
Overview
Raised: $0
Total Commitments ($USD)
Platform
Mundial Financial Group
Start Date
08/06/2024
Close Date
09/30/2024
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment
$350
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$10,000,000
Year Founded
2023
Industry
Beauty & Personal Care
Tech Sector
Retailtech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Shape Accelerator, with a valuation of $10 million, is raising funds on Mundial Financial Group. The company is revolutionizing the skincare industry with its patented technology aimed at promoting skin health and enhancing appearance. Shape Accelerator’s formula is based on advanced science and natural ingredients and has the ability to promote a more contoured look and cause waist and abdomen reduction. Etienne Hendrickx founded Shape Accelerator in February 2023. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing and advertising, product research and development, operational expenses, and general working capital.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$138,000 |
$0 |
|
COGS |
$18,400 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-27,325 |
$0 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$29,075 |
$0 |
|
Accounts Receivable |
$5,800 |
$0 |
|
Total Assets |
$130,575 |
$0 |
|
Short-Term Debt |
$137,900 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$137,900 |
$0 |
Financials as of: 08/06/2024
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Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Shape Accelerator | 09/30/2024 | Mundial Financial Group | $10,000,000 | $0 | Equity - Common | Active | RegCF |
No prior online funding rounds.
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