AmmoSquared simplifies ammunition ownership. We essentially turn ammunition into a digital commodity. This allows customers to purchase ammunition in small amounts (less than a full box) via a recurring "drip" purchase plan. Physical inventory is stored off-site, exchangeable, and deliverable upon demand or automatically via a preset schedule. [Read More]
Funded
9%Min Investment
$1Amount Raised
$92,576Goal
$100K-$1MDays Left
62Boise, Idaho
Industry:
General
Security Type:
Preferred
Preferred securities are a type of investment that generally offer higher yields than traditional fixed.
Equity Opportunity
Date Filed:
November 17, 2019
Date Expires:
February 15, 2020
Open to Investors
Valuation:
$4M
Platform:
Wefunder
If $100,000 is raised:
60% toward technology, 30% business operations (improving warehouse operations and back office administration), 2.5% marketing (online marketing including ads and social media) , 7.5% towards Wefunder intermediary fee
If $1,069,999 is raised:
30% toward technology, 22.5% marketing (online marketing including ads and social media, influencer marketing, and some print ads in relevant publications) 20% business operations (improving warehouse operations and back office administration, adding shelving, purchasing a fork lift, update our inventory software, pay salaries), 20% inventory, 7.5% towards Wefunder intermediary fee
Dan Morton
CEO & Co-Founder
Passionate about 2A issues. Bootstrapped AmmoSquared to $1m in total sales over 4 years. MBA. Corporate Marketing for Fortune 100 companies.
Chris Corriveau
CTO & Co-Founder
20-year veteran web and mobile software technologist. Previously technical co‑founder of StockTwits a social network for over 2 Million investors and traders. Successfully built, led, and managed multiple engineering teams as CTO.
Clay Knight
Head of Design
Co-Founder and Creative lead for multiple startups including RealSavvy, Safarious, and dib creative. Previous companies were acquired by Symantec and Ojo Labs.
$1.23 per share
$50K+ pro rata right threshold
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