Timeplast

Timeplast

Early Stage

Join the Plastic Revolution

Join the Plastic Revolution

Overview

Raised this Round: Raised: $49,403

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

09/05/2024

Close Date

04/30/2025

Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$189

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.89

Year Founded

2021

Industry

Industrial Services

Tech Sector

Cleantech

Location

Longwood, Florida

Timeplast is raising funds on Dealmaker Securities. The company has developed a techno-organic material that gets dissolved within 60 hours of being discarded. Timeplast’s water-soluble material fully disintegrates in water and has the potential to replace all plastics and reduce microplastic pollution. The company has seven patents and has already partnered with companies like Nestle and Hello Bello to pioneer a cleaner and sustainable future. Manuel Rendon founded Timeplast in February 2024. The current crowdfunding campaign has a minimum target of $10,000.02 and a maximum target of $5 million. The campaign proceeds will be used for continued research and development, market expansion, scaling operations, and payroll.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$37,181

$61,424

COGS

$44,186

$16,575

Tax

$0

$0

 

 

Net Income

$-1,547,318

$-394,679

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,987,618

$318,503

Accounts Receivable

$3,210

$0

Total Assets

$2,118,113

$362,094

Short-Term Debt

$709,092

$633,726

Long-Term Debt

$0

$0

Total Liabilities

$709,092

$633,726

Financials as of: 09/05/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Timeplast 04/30/2025 Dealmaker Securities - $49,403 Equity - Common Active RegCF
Timeplast 07/20/2023 StartEngine $40,000,000 $4,999,968 Equity - Common Funded RegCF
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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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Timeplast on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Common
Price per Share: $1.89

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Follow Timeplast on Dealmaker Securities 2024

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