Odyssey Science

Neutral
BETA

Beauty & Wellness Brand driven by innovation, caring for YOU and our PLANET

Analytics

Raised to Date: $0

Aggregate Commitments $
Platform

Wefunder

Start Date

11/13/2020

Close Date

12/16/2020

Min. Goal

$50,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Weekly Commitments $
Status
Not Funded
Reporting Date

12/16/2020

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Location

Swansea, Massachusetts

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Odyssey Science, with a valuation cap of $5 million, is raising funds on Wefunder. The company uses green manufacturing technology to eliminate preservatives and wasteful elements from beauty and wellness products. The products of Odyssey Science are manufactured to achieve the highest level of efficacy, stability, and safety. Michael Brower, Robert Munroe, Ronald Gurge, and Walter Larsen founded Odyssey Science in June 2020. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $107,000, will be used for sales and marketing, R&D, inventory, and general and working capital. Odyssey Science uses its patent-pending efficacy, stability, and performance (ESP) technology to eliminate light and oxygen from the manufacturing and packing process to increase the shelf life of products.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$3,749

$0

COGS

$61,655

$0

Tax

$0

$0

 

 

Net Income

$-12,229

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$804

$0

Accounts Receivable

$0

$0

Total Assets

$49,426

$0

Short-Term Debt

$61,655

$0

Long-Term Debt

$0

$0

Total Liabilities

$61,655

$0

Ratings

last updated 12/17/2020

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