Mazarine

Solar Powered, Custom Built Dock Boxes
Analytics
Raised to Date: $94,247
Aggregate Commitments $
StartEngine
11/26/2020
04/30/2021
$9,999
$750,000
$249
Equity - Common
RegCF
Seed
$15,045,000
Weekly Commitments $
Active
02/28/2021
59
943%
13%
$1,003
101
Panama City Beach, Florida
Consumer Products, Goods & Services
Hardwaretech
B2C
Medium
High
Mazarine, with a pre-money valuation of $15 million, is raising crowdfunding on StartEngine. The company is bringing patent-pending dehumidifying technology for boating storage. The technology will be used to manufacture solar-powered dock boxes that offer style, function, and customization. Jamin Finlaw founded Mazarine in 2018. The current crowdfunding round has a minimum goal of $9,999.32 and a maximum goal of $749,999.74, and the funds will be used to expand the offerings, develop strategic partnerships, improve efficiency, and streamline production. Mazarine moved rapidly from the proof of concept phase to sales of $340,000 in less than a year. The product is beautiful, functional, and highly durable.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$17,053 |
$0 |
COGS |
$27,272 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-89,057 |
$-593 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$2,059 |
$9,554 |
Accounts Receivable |
$2,500 |
$0 |
Total Assets |
$176,969 |
$17,054 |
Short-Term Debt |
$80,945 |
$0 |
Long-Term Debt |
$108,969 |
$0 |
Total Liabilities |
$189,914 |
$0 |
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