Berylline

Feel The Wind On Your Face! Again!

Analytics

Raised to Date: $3,189

Aggregate Commitments $
Platform

Netcapital

Start Date

01/25/2021

Close Date

10/01/2021

Min. Goal

$10,002

Max. Goal

$534,998

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF / RegD 506(C)

Series

Seed

Pre-Money Valuation

$6,293,900

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

161

% of Min. Goal

32%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$37

Momentum
cold
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Location

Rochester, Michigan

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Berylline, with a post-money valuation of $8.77 million, is raising funds on NetCapital. It is a manufacturing and technology company that makes electric and small-engine hybrid driving systems for personal transportation. The offerings of Berylline include F2A, a hybrid 3-wheel scooter, Berylline Breeze, a hybrid 3-wheel electric scooter, and a hybrid golf cart. Dennis Dresser founded Berylline in 2011 and raised over $200,000 in the previous round of financing on NetCapital. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $534,998, and the proceeds will be used for new product development, operations, and marketing. Berylline products are targeting the retired people and leisure markets.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-65,124

$-20,690

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$114,302

$174,098

Accounts Receivable

$0

$0

Total Assets

$116,326

$176,650

Short-Term Debt

$40,000

$40,000

Long-Term Debt

$0

$0

Total Liabilities

$40,000

$40,000

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Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
10/01/2021 Netcapital $6,293,900 $3,189 Equity - Common Active RegCF
10/31/2018 Netcapital $0 $204,554 Equity - Common Confirmed Closed RegCF
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