Cleancash by SaniCash
Early Stage
The new normal of commerce
Overview
Raised: $135,212
Total Commitments ($USD)
Platform
StartEngine
Start Date
10/07/2020
Close Date
04/29/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$8,463,800
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/01/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$663
# of Investors
165
Momentum
Funded
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
Insurtech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Cleancash by SaniCash, with a pre-money valuation of $8.46 million, is raising crowdfunding on StartEngine. The company makes patent-pending systems that utilize ultraviolet-C light energy to sanitize cash and credit card terminals. The system is aimed at protecting the interaction between consumers and vendors and making commerce safe again. Nevin Jenkins founded Cleancash by SaniCash in June 2020. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for prototyping, research and development, and bringing the products to market. Cleancash by SaniCash is led by an experienced team that is creating a brand new market category.
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 |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/07/2020
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