Univenture

Univenture

Growth Stage

Diverse Innovation with 3 growth brands and a new technology for upside!

Diverse Innovation with 3 growth brands and a new technology for upside!

Overview

Raised to Date: Raised: $89,850

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/03/2022

Close Date

11/30/2022

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$13,800,000

Valuation Cap

$17,200,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/03/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$428

# of Investors

38

Momentum
Funded
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Year Founded

1988

Industry

Marketing & Advertising

Tech Sector

AdTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Dublin, Ohio

Business Type

Growth

Univenture, with a valuation of $17.2 million, is raising funds on Wefunder. It is a diversified product company with unique growth products and technologies that meet customer needs. The products of Univenture are used by business and industrial customers for marketing, packaging, and communication. Univenture’s three growth platform brands include EnvyPak, UniKeep, and CardNoter. The business has reported $430 million in total sales and has been profitable for 27 years. Michele Cole and Ross O. Youngs founded Univenture in June 1988. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $5,000,000. The campaign proceeds will be used for follow-on investment in Biosortia, new product development, marketing and sales support, and debt reduction.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,634,177

$10,359,397

COGS

$4,147,738

$6,302,458

Tax

$-245,600

$20,232

 

 

Net Income

$358,010

$44,318

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$961,234

$285,960

Accounts Receivable

$330,309

$894,292

Total Assets

$4,738,980

$4,304,074

Short-Term Debt

$2,413,544

$2,249,832

Long-Term Debt

$474,319

$561,135

Total Liabilities

$2,887,863

$2,810,967

Financials as of: 05/03/2022
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Univenture on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $17,200,000

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