SharedChain on NetCapital 2022 – KingsCrowd

SharedChain on NetCapital 2022 – KingsCrowd

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Security Type

Equity – Common

Pre-Money Valuation

$10,560,252

Reporting Date

06/25/2022

Likelihood of Max

unlikely

Momentum

cool.svg

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Location

Cerritos, California

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

EnterpriseTech

SharedChain, with a valuation of $10.5 million, is raising funds on NetCapital. The company has developed an innovative platform for the entire supply chain process. The platform is patented and local market-based and has an efficient physical fulfillment infrastructure. SharedChain constructs fulfillment networks for e-commerce businesses at a low cost and ensures fast delivery, low consumer prices, and high customer satisfaction. Luke Ho-Hyung Lee and Nikhil Sathe founded SharedChain in September 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,999. The campaign proceeds will be used for sales and marketing, local market development and operations, software development, and business operation.

Summary Profit and Loss Statement

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-45,159

$-44,687

Summary Balance Sheet

Cash

$4,766

$13,320

Accounts Receivable

$0

$0

Total Assets

$579,750

$483,437

Short-Term Debt

$0

$0

Long-Term Debt

$557,298

$455,955

Total Liabilities

$557,298

$455,955

Financials as of: 06/24/2022

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