Starco Brands

Starco Brands

Growth Stage

Reinventing consumer products through disruptive brands and behavior changing technologies.

Reinventing consumer products through disruptive brands and behavior changing technologies.

Overview

Raised to Date: Raised: $157,750

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

12/08/2021

Close Date

Not Provided

Min. Goal
$500
Max. Goal
$56,818,181
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$56,818,181

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2023

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$346

# of Investors

66

Momentum
Funded
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Year Founded

2010

Industry

Retail Shops & Department Stores

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Santa Monica, California

Business Type

Growth

Starco Brands is raising funds on Dalmore Group through Reg A+ crowdfunding. The company has its own in-house brands and provides marketing services to other companies. The brands of Starco Brands include Whipshots, Breathe, Honu Sunscreen, and Winona Popcorn Spray, and it develops integrated marketing plans for its own and other brands. Starco Brands is reinventing the consumer packaged goods industry with culture-driven marketing, best-in-class manufacturing, and diversified distribution. Ross Sklar founded Starco Brands in 2010. The current crowdfunding campaign has no minimum target and a maximum target of $56,818,181. The campaign proceeds will be used for sales and marketing, equipment and tooling, acquisitions, and product development.

Balance Sheet

Cash and Cash Equivalents

$253,078

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$133,599

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$591,067

Accounts Payable & Accrued Liabilities

$474,915

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$680,291

Total Liabilities

$978,517

Total Stockholders' Equity

$-387,450

Total Liabilities and Equity

$591,067

Statement of Comprehensive Income Information

Total Revenues

$374,570

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$508,559

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-156,675

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Haynie & Co
Financials as of: 12/08/2021
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Starco Brands on Dalmore Group 2021
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $56,818,181
Price per Share: $1.00

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