Tampa Deep Sea Xplorers
Early Stage
Bringing Deep Learning to the Deep Sea
Overview
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
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
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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Analyst Report
Pending Review