Camp365

The camper that goes everywhere

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Amount Raised: $86,378
Security Type
Non-Voting Equity
Categories
Travel, Consumer Products, Design
Min Investment
$300
Location
Eden Prairie, MN
Offering Date
March 12, 2021
Expected Close Date
December 22, 2022
Target Raise
$10.00K-$2.50M
No. Investors
73
Security Price
$0.90
Deal Notes

Price Per Share: $0.65

Valuation
$30,763,916
Website
camp365.com
Number of Employees
18
Cash
$17,323
Revenue
$879,322
Short Term Debt
$4,370,848
Cost of Goods
$1,673,565
Long Term Debt
$842,121
Net Income
$2,227,352

Company Description

Camp365 designs and manufactures a new type of compact, towable camper that is allowing more people to enjoy camping and outdoor recreation without changing their everyday lifestyle. Our aerodynamic, ultra-lightweight camper can be towed by almost any car or UTV, while the compact design allows it to be easily stowed in a garage.

Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

Key Deal Facts

Growing category in a huge market - Global RV and camper retail revenues totaled approximately $42 billion in revenue in 2019 with a projected CAGR (Compounded Annual Growth Rate) of 7% through 2025, and the greatest growth in lightweight and ultra-lightweight towable products.
Disruptive product with strong growth - We have seen 9X revenue growth between 2018 & 2020 And just broke ground on a third manufacturing facility
Impressive IP Portfolio - Our proprietary design has been awarded 10 separate US and Canadian patents with other US & foreign patents pending

Security Description

Non-voting stock is stock that provides the shareholder very little or no vote on corporate matters.

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