Swiss Precision Active

Swiss Precision Active

Swiss Precision Active, with a valuation of $19.74 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. Swiss Precision Active fabrics are made using its patented CopperActive technology that integrates the antimicrobial benefits of copper into the DNA of yarn strands with a stylish fit to make the apparel lightweight, odor-free, and wash-durable. The company has secured a contract worth $64 million with FEDS APPAREL to supply CopperActive to 144 police and federal agencies and is also in talks with other major government organizations. Leslie C. Dotson and Rob Steven Williams founded Swiss Precision Active in May 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, research and development, operations, company employment, inventory, and working capital.

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Investment Overview

Raised this Round: Raised: $8,487

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
11/20/2024
Close Date
02/17/2025
Min. Goal
$15,000
Max. Goal
$618,000
Min. Investment

$200

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$19,741,744

Company & Team

Company

Year Founded
2022
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Location
Miami, Florida
Company Website
Visit Website

Team

Employees
2

Financials

as of Fiscal Year 2023
 Revenue
$3,308
 Monthly Burn
$7,051
 Runway
0.4 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$3,308

$7,500

COGS

$9,562

$66

Tax

$0

$0

 

 

Net Income

$-84,607

$-112,113

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,786

$38,633

Accounts Receivable

$0

$0

Total Assets

$48,826

$88,930

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/17/2025 StartEngine $19,741,744 $8,487 Equity - Common Active 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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Swiss Precision Active on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $19,741,744
Price per Share: $2.00

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