Tuffy Packs, Inc.
OperatingIndustrial & Manufacturing · Houston, TX · Founded 2016
Bullet Proof Backpack Inserts
Financials
FY2017–FY2018 · from SEC filings · hover any figure for its sourceFigures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round.
Cap table
Principal holders% as the filing states it, Mar 13, 2020
- s Steven Naremore80.0%of company
- Zach Nemanich20.0%of company
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
3 people
Steve Naremore has spent his entire professional career as a self-employed entrepreneur. In the late 80's he took his financial data company public via an IPO. It was acquired 5 years later in a buyout. He spent the next 20 years as an investment banker, investor and advisor to small and micro-cap companies all either public or seeking exchange listing. Often being paid in stock by many small startups he realized the importance of good due diligence, patience and the ability to recognize management's passion in their endeavor. "When there is no cash component to investing 100's of hours into a project, you better feel real good about a defined exit strategy". stated Mr. Naremore. On one of his client companies, he participated in the first $500K seed round in the telecom space. The company, Boston Technology turned out to be the engine behind the advent of voicemail and was bought out for $900m in 1997. During the recent decade, Naremore has created innovative products in the soft goods space including packaging solutions in the drone and recreation industry. These products continue to be sold primarily via digital marketing. He started Tuffy Packs in late 2016 after numerous conversations regarding active shooter drills with his daughter, a fourth-grade public school teacher. Active school shootings were occurring weekly and school administrators were scrambling for solutions at that time. Tuffy Packs was the solution parents were looking for to allow their children to turn their backpacks into a defensive shield should a threat arise. Mr. Naremore devotes his full-time effort to Tuffy Packs, Inc. While not working, Mr. Naremore enjoys fishing, falconry and fixing up old homes.
Zach has spent the last 15 years in the packaging industry developing solutions for Fortune 100 companies across multiple industries. Whether its computer components or precision medical instruments, if it can be envisioned in CAD, Zach can create it. For Tuffy Packs, Zach lends his industry knowledge in the global sourcing of our ballistic fabric as well as other materials used in our product production. Our product packaging design that is unique to Tuffy Packs was one of the many solutions provided by Zach. Zach works part-time for the company as well as traveling to all trade shows; commits approximately 10 hours per week. Zach is a new father and is an avid marathon runner.
Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
never closed a Reg CF raise
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.