Saberation
Early Stage
Positive and fun experience through the innovative use and application of Light Sabers
Overview
Raised: $0
Total Commitments ($USD)
Platform
Mr. Crowd
Start Date
01/01/2020
Close Date
05/01/2020
Min. Goal
$50,000
Max. Goal
$300,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$100.00
Pre-Money Valuation
$2,500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2020
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
2018
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Saberation, with a pre-money valuation of $2.5 million, is raising funds on Mr. Crowd. The company aims to focus on opportunities related to Light Saber Fitness, Sport, and Entertainment. The products and services of Saberation will include Light Saber Fitness Centers, Light Saber Combat Leagues, Light Saber Fitness Trainer Certification. Saberation was founded by Edward Armstrong and Nick Benseman in February 2018. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $300,000, and the proceeds will be used to grow and expand the business. Saberation reported revenues of over $70,000 in 2018 and plan to grow further through new client acquisition.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$70,379 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$3,896 |
$0 |
| ||
| ||
|
Net Income |
$22,077 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$25,973 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$25,973 |
$0 |
|
Short-Term Debt |
$3,896 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$3,896 |
$0 |
Financials as of: 01/01/2020
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