Powell Development Group (Equity)

Funding Details
Awarder
StartEngine
Date Award
January 23, 2019
Vertical
Healthcare
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$3,000,000

Company Info
Founding Year
2014
Traction
The company has successfully raised over $163K and attracted 228 investors. They have been awarded a patent for the Galactic Cap and are preparing for large-scale production and global launch.
Revenue Amount
$24,948,000,000
Organizations Involved
Real to Reel Productions, Jones International Marketing
Founders
Charles Powell, Packy McFarland, Rod Jones
Company Description
Powell Development Group has designed, developed, and patented the Galactic Cap, a new type of condom that aims to enhance sexual pleasure and increase condom usage worldwide. The Galactic Cap fits securely on the head of the penis, leaving the coronal ridge and shaft exposed for more skin-to-skin contact.
Market
Contraceptives
Location
Torrance, CA, US
Coinvestors
Real to Reel Productions, Jones International Marketing

Links
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