Surf Lakes
About this raise
Surf Lakes, with a valuation of $133.6 million, is raising funds on DealMaker Securities. The company has created the technology to generate ocean-like waves for all skill levels. Surf Lakes’ patented 360-degree wave technology produces 2000 rides per hour and can cater to up to 200 surfers at a time. The company is redefining surf tourism by bringing scalable and revenue-generating ocean-like surfing to controlled environments. Aaron Trevis founded Surf Lakes in October 2023. The current crowdfunding campaign has a minimum target of $10,000.48 and a maximum target of $1.23 million. The campaign proceeds will be used for product and business development, sales and marketing, and general working capital.
Investment Overview
Committed : $272,478
Deal Terms
Total Commitments
- Platform
- DealMaker Securities
- Start Date
- 04/17/2025
- Close Date
- 06/28/2025
$10,000
$1,234,998
$1,048
Equity - Common
Growth Stage
RegCF
$3.10
$133,575,557
Company & Team
Company
- Year Founded
- 2023
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +176% YoY
-
$1,056,590
as of FY2024
- Monthly Burn
-
$140,000
as of Mar '25
-
Runway
-
4 months
as of Mar '25
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,554,223
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/28/2025 | DealMaker Securities | $133,575,557 | $272,478 | Equity - Common | Active | RegCF |