Tampa Deep Sea Xplorers

Tampa Deep Sea Xplorers

Early Stage

Bringing Deep Learning to the Deep Sea

Bringing Deep Learning to the Deep Sea

Overview

Raised this Round: Raised: $35,597

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/18/2023

Close Date

04/19/2023

Min. Goal
$15,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$10,320,000

Year Founded

2022

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Tampa, Florida

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

FY 2021 FY 2020

Revenue

$169,720

$11,005

COGS

$0

$0

Tax

$2,675

$0

 

 

Net Income

$68,189

$-22,504

Summary Balance Sheet

FY 2021 FY 2020

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: 01/18/2023
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Tampa Deep Sea Xplorers on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,320,000
Price per Share: $1.00

Follow company

Follow Tampa Deep Sea Xplorers on StartEngine 2023

Buy Tampa Deep Sea Xplorers's Deal Report

Warning: according to the close date for this deal, Tampa Deep Sea Xplorers may no longer be accepting investments.

Tampa Deep Sea Xplorers Deal Report

Get KingsCrowd’s comprehensive report on Tampa Deep Sea Xplorers including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Tampa Deep Sea Xplorers is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Tampa Deep Sea Xplorers deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge