Rhino Hide

Rhino Hide

Early Stage

Bulletproof Wall Filler for Schools and Storm Shelters

Bulletproof Wall Filler for Schools and Storm Shelters

Overview

Raised to Date: Raised: $35,610

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/30/2019

Close Date

03/30/2020

Min. Goal
$10,000
Max. Goal
$198,000
Min. Investment

$300

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$6,051,033

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2020

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

$236

# of Investors

77

Momentum
Funded
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Year Founded

2019

Industry

Industrial Services

Tech Sector

Non-Tech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Location

Sagle, Idaho

Business Type

Life Style

Rhino Hide, with a pre-money valuation of $6.05 million, is raising funds on StartEngine. The company has manufactured a new and unique bullet-proofing product that consists of a two-part liquid, filled with a special aggregate. Rhino Hide will be used to bullet-proof the walls of schools and storm shelters. The company was founded by Jason Giddings in June 2018 and raised more than $400,000 in the seed funding round in the same year. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $198,000, and the funds will be used for product development, web development, production preparations, patent filings, and installer network onboarding. Rhino Hide already has over 190 companies signed as Certified Installers and is talking to several companies that will help the company achieve more than $7.4 million in revenues.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-147,856

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,269

$0

Accounts Receivable

$0

$0

Total Assets

$38,071

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/30/2019
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Rhino Hide 04/29/2021 Wefunder $6,010,000 $62,483 Equity - Common Funded RegCF
Rhino Hide 03/29/2020 StartEngine $6,051,033 $35,610 Equity - Common Funded RegCF
Rhino Hide 08/22/2019 StartEngine $2,100,000 $422,402 Equity - Common Funded RegCF
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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

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Rhino Hide on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,051,033
Price per Share: $2.50

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