AmmoSquared on Wefunder

We simplify ammunition ownership by making it DIGITAL

Raise to date: $305,531

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,069,999

Likelihood of Max Unlikely
Start Date

12/02/2019

Stop Date

03/20/2020

Days Remaining

Closed

Security Type

Preferred Stock

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

651

% of Minimum Raised

306%

% of Maximum Raised

29%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$2,803

DPD* Category

$0

DPD* All Companies

$1,045

Kingscrowd Momentum

$305,531

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

AmmoSquared, with a pre-money valuation of $4.49 million, is raising funds on WeFunder. The company is simplifying the ownership of ammunition by digitalizing it. AmmoSquared allows users to select their budget and caliber for the ammunition, make changes to the selection, receive deliveries, store, and exchange ammunition, all online. AmmoSquared was founded by Dan Morton, Danielle Morton, and Chris Corriveau in 2013. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $1,069,999, will be used toward technology, business operations, and marketing. AmmoSquared has already shipped more than 40 tons of ammunition to over 4,500 customers across the country, with over $40,000 of monthly recurring revenue.

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