Stomp Technique
Early Stage
Total awareness through body alignment.
Overview
Raised: $20,553
Total Commitments ($USD)
Platform
Netcapital
Start Date
07/26/2021
Close Date
02/28/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.58
Pre-Money Valuation
$5,015,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/05/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$95
Momentum
Funded
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Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Stomp Technique, with a pre-money valuation of $5 million, is raising funds on NetCapital. The company has designed the STOMP Technique Awareness Mat that teaches individuals total awareness while giving them a full-body workout. The mat is sustainably made with natural rubber, biodegradable, eco-friendly, and gentle on the skin. Daniel Diaz founded Stomp Technique in May 2018. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $250,000, will target advertising and inventory. Stomp Technique mat helps users focus on speed, agility, quickness, equilibrium, core, and center of gravity, along with improving the reflexes and keeping them completely centered.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$-3,583 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-8,943 |
$-5,706 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$584 |
$2,400 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$24,791 |
$11,663 |
|
Short-Term Debt |
$44,547 |
$23,376 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$44,547 |
$23,376 |
Financials as of: 07/26/2021
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