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3i Tech

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3i Tech Works, Inc.

Software & AI · Mobile App · Boca Raton, FL · Founded 2012

Customer engagement solutions

Post-money valuation ⓘ
$20.5M
As of Jun 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$3,117,762
Crowd $76K · Private $3.0M · 2 rounds since 2021
Latest share price
$1.75
Reg CF · Common Stock · Feb 2022 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$329K
−$153K
2019
$332K
−$302K
2020
$700K
−$108K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021
Income statement
Revenue
$328,753
$331,545
$699,570
Cost of goods sold
$276,056
$52,697
$148,036
Gross margin
16%
84%
79%
Net income
-$152,749
-$301,560
-$107,678
Taxes paid
$0
$0
$0
Balance sheet
Cash
$106,667
$106,668
$199,162
Accounts receivable
$1,062
$0
$0
Total assets
$395,155
$1,394,290
$1,595,695
Short-term debt
$25,000
$34,448
$48,934
Long-term debt
$85,400
$82,553
$82,150
Total liabilities
$110,400
$117,001
$131,084
Other
Headcount
—
5
5

Figures 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 in
$20.4M
pre-money
Reg CF · Common · Feb 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$1.75$0.875$0.2615
Jul 2021Feb 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $75.5K / $1.1MInvestors 39Post-money $20.5M

Team

12 people
Don KohlFounder
Advisor and Director of Payments Systems

Don was the Executive Vice President of First Data Merchant Services. He oversaw the company's growth for 19 years participating in technology development to support the growth of First Data to become the world's premier provider of Credit Card processing payments with over $1.3 Trillion of credit card transactions per year.

Joseph RianoFounder
Founder, Director & CEO

Joe has been a Sales and Marketing Executive of Software solutions for Fortune 500 companies since 1990. Building software platforms to create and distribute digital gift cards and issue rewards for purchases. Started his career in technology in the banking industry, then he was recruited to help the credit card industry working for American Express, First Data and was hired to re-engineer Software As A Service solutions for Precision Response Corp. in Miami that was sold after Joe directed the focus of the company to Software As A Service and away from Telemarketing Services.

Bradford Schupp
Chief Operating Officer

Brad Schupp is the Chief Operating Officer of 3i Tech Works. In this capacity, he is responsible for the day-to-day operations of the company and assists the CEO in developing and executing the firm’s growth strategy. Mr. Schupp assures that the 3i Tech Works team is focused on revenue growth and delivering maximum customer value to benefit both our customers and shareholders. Mr. Schupp comes to 3i Tech Works after a successful forty year career in the defense electronics business serving as an experienced leader specializing in Executive and Business Coaching, Strategy Development, Execution and Process Improvement. As a results-oriented executive, he focuses on top line and bottom-line improvements in the execution of the business plan. Mr. Schupp is also a subject matter expert in assisting high performing individuals achieve their full potential, project and program management, corporate and competitive strategies, strategy/goal deployment, risk management and quantitative performance management systems.

Gerardo Moran
Vice President

Gerry is a serial entrepreneur and an accomplished technology executive with experience both in the private and public sectors. He has worked in healthcare, Fintech, Risk Management, Education, and Publishing over his successful career. Gerry brings deep financial and operational expertise to the team working both in the US and Latin America. He holds an MBA in International Finance for IPADE Business School plus has completed executive level education at Harvard, Dartmouth, and Johns Hopkins

David Lebold
VP of Business Development

Investment advisor and sales executive with over 25 years of experience building financial teams and forging strategic partnerships. David holds a BA in Political Science from Kansas University.

Harold Schultz
Director & Board Member

Harold Schultz attended the University of Miami, Florida. Has been a real estate entrepreneur and an investor in several successful startups.

Henry Westendarp
Board of Directors

Henry graduated University of Pennsylvania - Wharton Business School. Founded Strategic Marketing Systems, Inc (SMS), which was a vendor to Mr.Riano and later his employer. SMS was also a vendor to American Express, NABANCO (predecessor to First Data Merchant Services), and many other financial services firms. Henry then sold SMS to First Data Corporation.

Keith Kanouse
Director, Corporate Secretary and General Counsel

Law degree from Notre Dame University. Graduated Magna Cum Laude. Owner of Kanouse and Walker a law firm in Boca Raton that specializes in franchise law.

Michael Pichel
Director and Member of the Board of Directors

Michael Pichel is a member of the board of Directors of 3i Tech Works, Inc. He is an attorney and real estate investor who resides in Ithaca, New York. He is the Chief Executive Officer of Progressive Equity Funding since 1984, Atlantic Title since 1987, Atlantic Realty since 1989 and Athena Midway since 1990. Michael advises the company on legal matters and partnerships that advance the company's interests.

Show 3 more people
Keith J. Kanouse
Director, General Counsel and Corporate Secretary
Donald Kohl
Director
Michael J. Pichel
Director

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

Not requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

39 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UJul 1, 20220001665160-22-001965
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001407
    EDGAR
  • Form C/AApr 29, 20220001665160-22-001291
    EDGAR
  • Form C/AApr 29, 20220001665160-22-001297
    EDGAR
  • Form C/AFeb 23, 20220001665160-22-000321
    EDGAR
  • Form CFeb 11, 20220001665160-22-000270
    EDGAR
Source: ManualCIK 0001895308FLShare price $1.75

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.