ZakiBox
Early Stage
A Smart, Modular Storage & Organization Solution
Overview
Raised: $8,400
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/05/2023
Close Date
08/17/2023
Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment
$200
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.50
Pre-Money Valuation
$5,081,250
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/03/2023
Days Remaining
75
% of Min. Goal
56%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$290
# of Investors
14
Momentum
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Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
ZakiBox, with a valuation of $5.08 million, is raising funds on StartEngine. The company makes advanced products for organizing, storage, and carriage for homes and businesses. The products of ZakiBox are light, strong, and foldable as they are made using fiberglass tubings and 400D nylon material. ZakiBox products include hampers, home organizers, and on-the-go carriers with a modular system to make them stackable and foldable with wheels and windows. Samir Morcos founded ZakiBox in April 2018. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for inventory, marketing, operations, company employment, and emergency.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$26,758 |
$31,331 |
|
COGS |
$1,219 |
$16,373 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-10,298 |
$-13,486 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$19,450 |
$60,047 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$175,770 |
$139,747 |
|
Short-Term Debt |
$158,697 |
$142,376 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$158,697 |
$142,376 |
Financials as of: 05/05/2023
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