Mayfield Athletics
Making sports safer for players of all ages
Analytics
Raised to Date: $10,310
Aggregate Commitments $
Wefunder
09/11/2020
12/02/2020
$50,000
$250,000
$100
SAFE
RegCF
Pre-Seed
$8,000,000
0.2%
Weekly Commitments $
Active
09/23/2020
67
21%
4%
$859
5
Shelby Township, MI
Consumer Products, Goods & Services
Non-Tech
B2B/B2C
Medium
High
Mayfield Athletics, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The company is making sports safer for players of all ages with its products. The products of Mayfield Athletics include a S.A.F.E. clip that can be fitted to most helmets to reduce the impact of a blow, thus preventing concussions. Justin Summerville and Richard Williams founded Mayfield Athletics 2014. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used towards marketing and sales, helmet development, testing and engineering, inventory, and overhead expenses. Mayfield Athletics is using its patented technology to develop a No Contact Helmet System (NCHS) that will have multiple applications in sports and other markets.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$55,280 |
$0 |
|
COGS |
$25,686 |
$1,040 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-127,058 |
$-402,460 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,016 |
$82,494 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$89,500 |
$255,025 |
|
Short-Term Debt |
$89,500 |
$36,081 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$89,500 |
$36,081 |
Ratings
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