Caribbean Water Technologies

Caribbean Water Technologies

Early Stage

WATER FOR THE WORLD

WATER FOR THE WORLD

Overview

Raised to Date: Raised: $121,910

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/13/2021

Close Date

08/21/2021

Min. Goal
$100,000
Max. Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2021

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

$945

# of Investors

253

Momentum
Funded
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Year Founded

2021

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Charlotte Amalie, U.S. Virgin Islands

Business Type

Growth

Caribbean Water Technologies, with a $3 million valuation cap, is raising funds on Wefunder. It is a water purification company that uses advanced water purification technology for residential and commercial water purification. The Caripur H2O technology uses AI to measure system information and environmental data in real-time and give advance warnings on water problems. Nimon Bondurant founded Caribbean Water Technologies in March 2021. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,000,000, will be used for R&D, continued advancement of machine learning, sustainability development, infrastructure, personnel, and working capital. Caribbean Water Technologies has one awarded and two derivative patents pending for intelligent water purification.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$20

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/13/2021
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Caribbean Water Technologies on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,000,000

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

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