Odyssey Science
Early Stage
Beauty & Wellness Brand driven by innovation, caring for YOU and our PLANET
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/12/2020
Close Date
12/16/2020
Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/15/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2020
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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 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 |
Financials as of: 11/12/2020
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