Pakt

Exceptionally well-designed gear built for the modern traveler.

Analytics

Raised to Date: $56,416

Aggregate Commitments $
Platform

Republic

Start Date

04/06/2021

Close Date

10/03/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$9,000,000

Discount Rate

20%

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

163

% of Min. Goal

226%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$3,761

# of Investors

73

Momentum
cold
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Location

Rochester, New York

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Pakt, with a valuation cap of $9 million, is raising crowdfunding on Republic. The company makes unique, refined, and well-designed travel gear for modern travelers. The products of Pakt are environment-friendly and meant to last a long time. Malcolm Fontier founded Pakt in December 2012. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The raise proceeds will be used to build out the product line and expand with amazing new products. Pakt has generated $4.6 million in lifetime revenue and has sold over 24,000 units to date. The revenue grew by 32% year-over-year, even during COVID.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,890,110

$591,519

COGS

$684,158

$114,791

Tax

$3,446

$7,719

 

 

Net Income

$82,781

$-578,732

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$204,190

$135,888

Accounts Receivable

$2,900

$0

Total Assets

$512,243

$589,909

Short-Term Debt

$548,669

$701,811

Long-Term Debt

$0

$0

Total Liabilities

$548,669

$701,811

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