Berylline

Berylline

Early Stage

Feel The Wind On Your Face! Again!

Feel The Wind On Your Face! Again!

Overview

Raised to Date: Raised: $41,723

Total Commitments ($USD)

Platform

Netcapital

Start Date

01/24/2021

Close Date

01/31/2023

Min. Goal
$10,002
Max. Goal
$534,998
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.22

Pre-Money Valuation

$6,293,900

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/04/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$57

Momentum
Funded
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Year Founded

2011

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Rochester, Michigan

Business Type

Life Style

Berylline, with a post-money valuation of $8.77 million, is raising funds on NetCapital. It is a manufacturing and technology company that makes electric and small-engine hybrid driving systems for personal transportation. The offerings of Berylline include F2A, a hybrid 3-wheel scooter, Berylline Breeze, a hybrid 3-wheel electric scooter, and a hybrid golf cart. Dennis Dresser founded Berylline in 2011 and raised over $200,000 in the previous round of financing on NetCapital. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $534,998, and the proceeds will be used for new product development, operations, and marketing. Berylline products are targeting the retired people and leisure markets.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-65,124

$-20,690

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$114,302

$174,098

Accounts Receivable

$0

$0

Total Assets

$116,326

$176,650

Short-Term Debt

$40,000

$40,000

Long-Term Debt

$0

$0

Total Liabilities

$40,000

$40,000

Financials as of: 01/24/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Berylline 01/30/2023 Netcapital $6,293,900 $41,723 Equity - Common Funded RegCF
Berylline 10/30/2018 Netcapital $6,295,503 $204,554 Equity - Common Funded RegCF / RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Berylline on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $6,293,900
Price per Share: $5.22

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