StartEngine
Loading investments…
StartEngine
Loading investments…
StartEngine
Loading offering details…
StartEngine
Loading offering details…
INVEST IN CANOPY · ENGINEERING
Canopy is an in-market occupational safety company focused on sustainable solutions that protect the world’s well-being. Our team of scientists, industrial designers, and healthcare industry professionals came together to design a solution for our frontline workers and individual consumers. The Canopy is an award-winning, transparent barrier face covering, engineered with the utmost comfort, safety, and performance in mind.
This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as Invested on your account dashboard, your investment can no longer be canceled. For Regulation A+, StartEngine allows for a four-hour cancellation period.
Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular. Once your investment is canceled, there is a 10-day clearing period from the date your investment was submitted. After your funds have cleared the bank, you will receive your refund within 10 business days. Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible.
However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III Regulation Crowdfunding and Title IV Regulation A+ help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, learn about Regulation Crowdfunding, and for Regulation A+, learn about Regulation A+.
HEADQUARTERS
Canopy
PRICE PER SHARE
$5.56
DEADLINE
Mar. 30, 2023 at 6:59 AM UTC
VALUATION
$10M
FUNDING GOAL
$10K - $618K
MIN INVESTMENT
$244.64
MAX INVESTMENT
$617,994
MIN NUMBER OF SHARES OFFERED
1,798
MAX NUMBER OF SHARES OFFERED
111,150
OFFERING TYPE
Equity
SHARES OFFERED
Class CF Common Units
Maximum Number of Shares Offered subject to adjustment for bonus shares
Most Recent Fiscal Year-End
Prior Fiscal Year-End
Total Assets
$630,267
$289,694
Cash & Cash Equivalents
$211,630
$126,035
Accounts Receivable
$4,662
$0
Short-Term Debt
$50,891
$190,813
Long-Term Debt
$1,101,875
$296,566
Revenue & Sales
$74,052
$0
Costs of Goods Sold
$36,263
$0
Taxes Paid
$0
$0
Net Income
-$846,793
-$522,685
*Maximum Number of Units Offered subject to adjustment for bonus units. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest $250 or more within the first 48 hours of the initial offering date and receive 30% bonus units
Super Early Bird Bonus
Invest $250 or more within the first week of the initial offering date and receive 20% bonus units
Early Bird Bonus
Invest $250 or more within the first two weeks of the initial offering date and receive 10% bonus units
Amount-Based:
$500+ | Tier 1
Invest $500+ and receive 25% off a Canopy respirator + 5% Bonus Units.
$1,000+ | Tier 2
Invest $1000+ and receive 50% off a Canopy respirator + 10% Bonus Units.
$2,500+ | Tier 3
Invest $2500+ and receive a free Canopy respirator + 10% Bonus Units.
$5,000+ | Tier 4
Invest $5000+ and receive two free Canopy respirators + 15% Bonus Units.
$10,000+ | Tier 5
Invest $10000+ and receive two free Canopy respirators, 20% Bonus Units, and a private meeting with Canopy’s founders.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus units from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Grove Biomedical, LLC will offer 10% additional bonus units for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine members will receive a 10% bonus for any units they purchase in this offering. For example, if you buy 100 units of Class CF Units at $5.56 / unit, you will receive 10 additional units of Class CF Units, meaning you'll own 110 units for $556. Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned time-based or amount-based bonuses.
Cancel anytime before 48 hours before a rolling close or the offering end date.
We want you to succeed and get the most out of your money by offering rewards and memberships!
Your info is your info. We take pride in keeping it that way!
Invest in over 200 start-ups and collectibles!