Kangaroo

Top Deal
BETA

Smart home security for everyone

Analytics

Raised to Date: $173,550

Aggregate Commitments $
Platform

Republic

Start Date

05/22/2020

Close Date

09/15/2020

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Series A

Valuation Cap

$80,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

09/27/2020

Days Remaining
Funded
% of Min. Goal

347%

% of Max. Goal

16%

Likelihood of Max
Funded
Avg. Daily Raise

$1,496

# of Investors

866

Momentum
Funded
Location

New York, NY

Industry

Security, Cybersecurity, & Defense

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

Kangaroo, with a valuation cap of $80 million, is raising crowdfunding on Republic. The company provides a hub less cloud-based home security to everyone. The security system is affordable, simple, and focused on the privacy of the users. The company also offers professionally-monitored service at $10  per month. The current products of Kangaroo include The Privacy Camera and Photo Doorbell. Kangaroo was founded by Maximum Yaney, Dhruv Garg, James Xu, and Victor Meng in February 2018 and has raised over $18 million since its founding. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used to launch the products in mass volume, increase brand recognition, mature insurance distribution, and develop more products. Kangaroo has more than 20,000 users and is targeting 83% of homes in the US.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$475,507

$278,034

COGS

$660,896

$314,942

Tax

$0

$0

 

 

Net Income

$-7,011,872

$-3,358,301

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$208,784

$742,311

Accounts Receivable

$158,800

$7,733

Total Assets

$1,541,550

$1,425,567

Short-Term Debt

$899,232

$522,465

Long-Term Debt

$0

$0

Total Liabilities

$899,232

$522,465

Ratings

last updated 09/27/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.

Analyst Report

Top Deal
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Kiwibot on Wefunder

Kiwibot has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals selected into…

Crowd
Neighborhood Sun on Wefunder

The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
goDeskless on MicroVentures

The goDeskless team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Kangaroo on Republic
Follow company
Follow Kangaroo on Republic