Accelerate3D

Accelerate3D

Early Stage

Revolutionizing American Manufacturing through Affordable 3D Printing

Revolutionizing American Manufacturing through Affordable 3D Printing

Overview

Raised to Date: Raised: $212,858

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/05/2021

Close Date

11/03/2021

Min. Goal
$200,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2021

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

$1,774

# of Investors

354

Momentum
Funded
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Year Founded

2018

Industry

Industrial Services

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

Accelerate3D, with a $6 million valuation cap, is raising funds on Wefunder. The company is using its patent-pending technology to build the future of on-demand manufacturing through 3D printing. The machine has the ability to print delivery drones, security robots, and robots used in warehouses and construction. Riley Knox founded Accelerate3D in January 2018. The proceeds of the current crowdfunding raise, with a minimum goal of $200,000 and a maximum goal of $1,070,000, will target pilot micro-factory setup, hardware and software development, future IP filings, and the first service-ready 3D printer. Accelerate3D is bringing affordable and accessible manufacturing back to the US. The product has received rave reviews from pilot customers, including Braden Reiber.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,931

$1,903

COGS

$949

$2,661

Tax

$1,000

$450

 

 

Net Income

$-47,445

$-61,907

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$275

$40,673

Accounts Receivable

$0

$1,803

Total Assets

$18,830

$60,360

Short-Term Debt

$100,000

$0

Long-Term Debt

$7,274

$102,260

Total Liabilities

$107,274

$102,260

Financials as of: 07/05/2021
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Accelerate3D on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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