RIMRISER

RIMRISER

Revolutionizing manholes, storm drains and utility vaults - SAVES MONEY

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Form C
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Categories
Technology, Infrastructure, Government, Manufacturing, Financial Services
Min Investment
$100
Location
Vancouver, WA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.07M
No. Investors
66
Security Price
$0.50
Valuation
$9,000,000
Website
rimriser.com
Number of Employees
4
Cash
$13,657
Revenue
$43,947
Short Term Debt
$61,537
Cost of Goods
$32,770
Long Term Debt
$288,415
Net Income
$-738,700

Key Deal Facts

Privately raised over $1.9M
Saves Money - Simple, Safe, Fast, and Accurate
Strong Board of Directors
Strong Patents
Additional products to be released in 2022
Product sales and installs across the Country
Department of Transportation Approved
1.2 Trillion Infrastructure Bill Passed

Management Team / Advisory Board Bios

Aaron BARR CEO30 plus years in Construction and Land Development. Successful business owner and entrepreneur.

Taking an invention like RimRiser to market in less than one year., Matt Stiller VP SalesManagement Team member for Portland-based Stormwater Management that grew to over $30M annual revenue before being acquired at a 19x return to investors., Lanz Fritz CFO/Board MemberCurrently president of Olympus Controls. Lanz also served as CFO and VP of operations at Stormwater Management Inc., Ron Sparks Board MemberFounded Columbia Precast and sold to Travis Ind., Kelly Patterson Senior EngineerPast Director of Engineering Oldcastle Infrastructure overseeing 80 manufacturing facilities., Gabe Judah Operations ManagerTraining officer for specialty children's transport team.
Amount Raised : $114,307
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