WaterBlocks

WaterBlocks

Early Stage

Rapidly-Deployable Flood Barrier System

Rapidly-Deployable Flood Barrier System

Overview

Raised to Date: Raised: $614,782

Total Commitments ($USD)

Platform

truCrowd

Start Date

08/09/2021

Close Date

04/30/2022

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$18,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

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

$2,338

# of Investors

1,331

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2015

Industry

Energy, Power, & Natural Resources

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Denver, Colorado

Business Type

Growth

WaterBlocks, with a pre-money valuation of $18 million, is raising funds on TruCrowd. The company is revolutionizing the game when it comes to flood barrier systems. Their product rapidly deploys, and its superior design is ideal for use with traffic safety and control, construction site protection, and natural resource conservation. Joseph Daniluk founded WaterBlocks in 2015. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used for growth and expansion. WaterBlocks, which is a registered trademark and dba of Locking Line Barriers, are steel-reinforced, interconnecting plastic units that link together to create a watertight wall of protection. Their unique design allows for rapid deployment, efficient assembly, and easy removal.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-136,183

$-58,767

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$27,593

$39

Accounts Receivable

$24,250

$13,980

Total Assets

$81,503

$27,169

Short-Term Debt

$11,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$11,000

$0

Financials as of: 08/09/2021
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
WaterBlocks 04/29/2022 truCrowd $18,000,000 $614,782 Equity - Common Funded RegCF
WaterBlocks 04/29/2021 StartEngine $18,100,000 $576,932 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
WaterBlocks on TruCrowd 2021
Platform: truCrowd
Security Type: Equity - Common
Valuation: $18,000,000
Price per Share: $2.00

Follow company

Follow WaterBlocks on TruCrowd 2021

Buy WaterBlocks's Deal Report

Warning: according to the close date for this deal, WaterBlocks may no longer be accepting investments.

WaterBlocks Deal Report

Get KingsCrowd’s comprehensive report on WaterBlocks including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether WaterBlocks is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the WaterBlocks deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge