Swiss Precision Active
Early Stage
Patented Copper Antimicrobial Fabric, Protecting Our Customer While Helping Our Planet
Overview
Raised: $59,361
Total Commitments ($USD)
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
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.00
Pre-Money Valuation
$12,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/05/2023
Days Remaining
Funded
% of Min. Goal
594%
% of Max. Goal
5%
Likelihood of Max
Funded
Avg. Daily Raise
$499
# of Investors
112
Momentum
Funded
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Year Founded
2022
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
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.
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 |
Financials as of: 11/01/2022
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