Tampa Deep Sea Xplorers

Early Stage

Bringing Deep Learning to the Deep Sea

Overview

Raised to Date: Raised: $18,614

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/19/2023

Close Date

04/19/2023

Min. Goal

$15,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$1.00

Pre-Money Valuation

$10,320,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

76

% of Min. Goal

124%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,330

# of Investors

27

Momentum
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Location

Tampa, Florida

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

Tampa Deep Sea Xplorers, with a valuation of $10.32 million, is raising funds on StartEngine. The company is developing autonomous underwater vehicles for exploring vast oceans and collecting data. The AUVs of Tampa Deep Sea Xplorers will be affordable for individuals and small institutions and reach great depths. Tampa Deep Sea Xplorers has launched its first product, Barracuda AUV, to collect subsea data at a faster rate than currently available devices. Edward Larson and Dennis Lorence founded Tampa Deep Sea Xplorers in February 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1 million. The campaign proceeds will be used for company employment, working capital, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$169,720

$11,005

COGS

$0

$0

Tax

$2,675

$0

 

 

Net Income

$68,189

$-22,504

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$69,598

$8,764

Accounts Receivable

$0

$0

Total Assets

$85,509

$17,653

Short-Term Debt

$31,065

$12,690

Long-Term Debt

$35,299

$35,299

Total Liabilities

$66,364

$47,989

Financials as of: 01/19/2023
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Tampa Deep Sea Xplorers on StartEngine 2023
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,320,000

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