Swiss Precision Active (2023)

Swiss Precision Active (2023)

About this raise

Swiss Precision Active, with a valuation of $12 million, is raising funds on StartEngine. It is a health tech apparel brand that combines copper and natural organic fabrics to make medical scrubs, uniforms, and accessories. The fabrics of Swiss Precision Active integrate the antimicrobial benefits of copper with a stylish fit to make the apparel lightweight, odor-free and wash-durable. Swiss Precision Active is in the pre-revenue stage and has been accepted as a vendor by over 50,000 hospitals. Leslie C. Dotson founded Swiss Precision Active in May 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.23 million. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $59,361

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/01/2022
Close Date
02/28/2023
Min. Goal
$10,000
Max Goal
$1,230,000
Min. Investment

$200

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$12,000,000

Company & Team

Company

Year Founded
2022
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Miami, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Rob Williams
Title
President & CMO

Financials

 Revenue
$5,850
 Monthly Burn
$1,215
 Runway
7.7 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,850

$0

COGS

$10,774

$0

Tax

$0

$0

 

 

Net Income

$-14,583

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$9,417

$0

Accounts Receivable

$5,000

$0

Total Assets

$14,417

$0

Short-Term Debt

$14,417

$0

Long-Term Debt

$14,417

$0

Total Liabilities

$28,834

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/17/2025 StartEngine $19,741,744 $10,638 Equity - Common Not Funded RegCF
02/28/2023 StartEngine $12,000,000 $59,361 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Swiss Precision Active on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,000,000
Price per Share: $2.00

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Warning: according to the close date for this deal, Swiss Precision Active may no longer be accepting investments.

Swiss Precision Active Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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