Zoombang
[Closed for Investment] Zoombang, with a valuation of $44.76 million, is raising funds on StartEngine. The company makes viscoelastic protective gear for law enforcement and military personnel, athletes, and high-risk professionals. Zoombang’s gear is made using PolyShields, a proprietary polymer solution that dissipates up to 90% of energy upon impact and increases protection while improving performance. The company is championing every field and has affiliations with Marshawn Lynch and the Athletic Equipment Managers Association. Joe Morelli and Paul Marsh founded Zoombang in September 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, marketing, and working capital.
Investment Overview
Raised: $271,762
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/07/2023
- Close Date
- 02/05/2024
$10,000
$1,235,000
$500
Equity - Common
Series A
RegCF
$2.50
$44,761,818
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +17% YoY
- $482,022
- Monthly Burn
- $210,879
-
Runway
- 0.6 months
- Gross Margin
- 9%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $6,151,731
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/05/2024 | StartEngine | $44,761,818 | $271,762 | Equity - Common | Funded | RegCF |