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ActivArmor

Operating

ActivArmor, Inc.

Software & AI · Pueblo, CO · Founded 2016

Waterproof, custom 3D printed casts and splints

Post-money valuation ⓘ
$22.2M
As of Nov 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$1,486,547
Crowd $178K · Private $1.3M · 4 rounds since 2018
Latest share price
$1.70
Reg CF · Common Stock · Jul 2022 offering price · down round

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$582K
−$319K
2020
$257K
−$174K
2021
$177K
−$622K
2022
$199K
$145K
2023
$312K
−$393K
2024
$843K
−$37K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 reviewed
FY2023
FY2024
FY2025
Income statement
Revenue
$581,596
$257,052
$177,441
$198,781
$311,524
$843,373
Cost of goods sold
$496,072
$99,286
$122,998
$158,473
$105,014
$230,594
Gross margin
15%
61%
31%
20%
66%
73%
Net income
-$319,074
-$173,595
-$622,042
$144,621
-$393,134
-$36,963
Taxes paid
$0
$9,403
$400
$738
$18,859
$12,070
Balance sheet
Cash
$16,874
$314,180
$151,609
$177,746
$99,858
$83,320
Accounts receivable
$29,918
$41,668
$64,975
$49,021
$19,651
$25,709
Total assets
$324,698
$928,508
$531,632
$542,364
$153,363
$148,161
Short-term debt
$13,959
$22,741
$44,029
$236,131
$22,344
$26,579
Long-term debt
$105,733
$90,247
$90,247
$107,084
$136,852
$129,377
Total liabilities
$119,692
$112,988
$134,276
$343,215
$159,196
$155,956
Other
Headcount
—
6
0
4
4
4

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
$21.9M
pre-money
Reg CF · Common · Jul 2022

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

Share price over rounds

$6.8387$3.4194$1.4044
Apr 2018Jul 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jul 2022 (-75.1%)

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.

Cap table

Principal holders% as the filing states it, Apr 28, 2023

  • Diana Hall8,809,300 Common Stock67.0%of company

Sold to the crowd

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

Raised $177.5K / $5MInvestors 285Post-money $22.2M
Raised $300KInvestors 3

Team

2 people
Diana HallFounder
Founder/President/CEO

Diana was named Colorado Manufacturing Woman of the year, and has won many awards including the Small Business of the Year award, the Southern Colorado Entrepreneurship Competition’s Social Entrepreneurship award, the regional InnovateHER competition, Nationwide Insurance’s national $100,000 Pitch To Win competition, and is listed as Top 100 Colorado Manufacturers. She has spoken at several venues on the topic of 3D design and printing, small business ownership and start-ups, economic development and entrepreneurship, and has given a TEDx talk on the future of mass customization in design and manufacturing in 2015.

David Lewis
Chief Financial Officer (CFO)

Dave is part-time ActivArmor CFO, the founder of SwingersTape product line, owner of multiple local businesses, and the Director of Golf at Walking Stick Golf Course in Pueblo, Colorado.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 4 of 4 annual reports (FY2022–FY2025)

285 investors
holder-count proxy

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

  • Form C-TRApr 27, 20260001746480-26-000002
    EDGAR
  • Form C-ARApr 9, 20260001746480-26-000001
    EDGAR
  • Form C-ARApr 11, 20250001746480-25-000004
    EDGAR
  • Form C-ARApr 11, 20250001746480-25-000005
    EDGAR
  • Form C-ARApr 28, 20230001665160-23-001057
    EDGAR
  • Form DNov 17, 20220001746480-22-000003
    EDGAR
  • Form C-UNov 8, 20220001665160-22-002884
    EDGAR
  • Form C/ASep 30, 20220001665160-22-002559
    EDGAR
Source: ManualCIK 0001746480DEShare price $1.70

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.