Klean Scissors
Early Stage
The Deresinator, Break-through Technology To Assist In The Processing Of Cannabis.
Overview
Raised: $500
Total Commitments ($USD)
Platform
Fundanna
Start Date
12/17/2020
Close Date
03/31/2021
Min. Goal
$10,000
Max. Goal
$500,000
Min. Investment
$250
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$3,700,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/30/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$5
# of Investors
2
Momentum
Not Funded
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Year Founded
2020
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Klean Scissors, with a pre-money valuation of $3.7 million, is raising funds on Fundanna. The company has designed and manufactured the Deresinator, to clean dirty scissors after trimming cannabis. The Deresinator uses automated breakthrough technology to ensure a cleaner and healthier workplace for cannabis workers and saves a lot of time. Dave Timoney and Jon Timoney founded Klean Scissors in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000, and the proceeds will be used towards bridge financing, sales and marketing, equipment, rent, salaries and wages, and general operating expenses. Klean Scissors has also developed a food-grade and non-toxic solvent to be sold along with the Deresinator.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,523 |
$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: 12/17/2020
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