Zirconia

Zirconia

About this raise

Zirconia, with a valuation of $25 million, is raising funds on Dealmaker Securities. The company makes clean and sustainable ceramic coatings for green infrastructure. Zirconia’s non-ceramic coating technology eliminates porosity and instability and strengthens, repairs, and preserves concrete and steel infrastructure. The company has a strong demand pipeline and strategic partnerships and has generated $800,000 in revenue since inception. Benjamin T. Cook and Balamuralee Balaguru founded Zirconia in May 2017. The current crowdfunding campaign has a minimum target of $10,000.80 and a maximum target of $5 million. The campaign proceeds will be used for sales and marketing, business development, raw goods, operations, and working capital.

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Investment Overview

Committed this round: $167,200

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
08/14/2024
Close Date
08/12/2025
Min. Goal
$10,001
Max Goal
$5,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$25,000,000

Company & Team

Company

Year Founded
2017
Industry
Real Estate & Construction
Tech Sector
Cleantech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
Tukwila, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Benjamin Cook
Title
CEO

Financials

as of December 31, 2023
 Revenue -79.9% YoY
$61,363
 Monthly Burn
$30,000
 Runway
5 months
Gross Margin
77%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$61,363

$304,901

COGS

$14,414

$67,928

Tax

$0

$0

 

 

Net Income

$-705,346

$-365,306

Summary Balance Sheet

FY 2023 FY 2022

Cash

$162,805

$182,522

Accounts Receivable

$9,170

$37,148

Total Assets

$572,496

$607,605

Short-Term Debt

$780,761

$110,525

Long-Term Debt

$6,700

$6,700

Total Liabilities

$787,461

$117,225

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,462,680
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/12/2025 DealMaker Securities $25,000,000 $167,200 Equity - Common Active RegCF
10/31/2022 StartEngine $19,988,369 $685,005 Equity - Common Funded RegCF
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Growth Charts

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

Founder Profile

What Investors Want to Know: How Zirconia Is Making Infrastructure Immortal

In the United States, more than 45,000 U.S. bridges and 1 in 5 miles of roads are in poor condition. How come our infrastructure degrades so quickly if the Roman Empire’s Coliseum is still standing? For Benjamin Cook, founder and CEO of Zirconia, the concrete of our infrastructure is simply not made to last, it’s meant to be cheap. Ironically, low-quality materials are more expensive long-term than long-lasting ones. That’s why Cook and his team recreated the material used by the Romans as a coating to combine anti-erosion properties with cheap costs.

Read Founder Interview

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Add to portfolio
Zirconia on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $1.00

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