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Apis Cor

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Apis Cor Inc.

Industrial & Manufacturing · Manufacturing · Melbourne, FL · Founded 2019

Construction with robotic precision

Post-money valuation ⓘ
$201.9M
As of Mar 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$18,824,486
Crowd $4.8M · Private $14.0M · 18 rounds since 2020
Latest share price
$1.1773
Common Stock disclosed sale

Financials

FY2020–FY2024 · from SEC filings · hover any figure for its source
$0
−$485K
2020
$224K
−$1.2M
2021
$55K
−$1.5M
2022
$17K
−$2.5M
2023
$24K
−$2.6M
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
Income statement
Revenue
$0
$223,750
$54,849
$17,063
$23,549
Cost of goods sold
$0
$182,900
$0
$0
$0
Gross margin
—
18%
100%
100%
100%
Net income
-$484,509
-$1,174,192
-$1,538,912
-$2,547,576
-$2,602,989
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$61,755
$65,514
$480,985
$184,836
$0
Accounts receivable
$0
$37,525
$747
$0
$3,022
Total assets
$213,167
$718,477
$1,648,356
$2,195,972
$1,972,689
Short-term debt
$250,031
$335,179
$260,175
$99,730
$353,457
Long-term debt
$447,545
$2,041,951
$226,494
$753,236
$1,655,204
Total liabilities
$697,576
$2,377,130
$486,669
$1,974,913
$3,480,958
Other
Headcount
5
5
8
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
$100.7M
est. pre-money
$98.4M
est. pre-money
$134.0M
pre-money
$1.3M
est. pre-money
$201.0M
pre-money
Reg A+ · Equity · Sep 2021
Private · Common · Dec 2022
Reg CF · Common · Sep 2022
Private · Series X Preferred · Jan 2024
Reg CF · Common · Mar 2024

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

log scale
$1.4704$0.1213$0.01
Sep 2021Dec 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Jan 2024 (-99%)

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

Share counts as of Dec 31, 2024
Series A Preferred Stock · 25.3%Series X Preferred Stock · 0.23%Common Stock · 74.5%
ClassOutstandingVotes / shareShare of totalVotesLast price
Series A Preferred Stockpreferred33,620,149—25.3%25.4%—
Series X Preferred Stockpreferred302,154none0.23%0%$0.01Jan 2024
Common Stock98,910,001174.5%74.6%$1.18Dec 2024
Total132,832,304100%100%

Shares outstanding over timein today's share terms

134M67M0
Sep 2021Dec 2024
Common StockPreferred StockSeries A Preferred StockRound opened

Principal holders% as the filing states it, May 1, 2025

  • At One Ventures28,324,878 Preferred Stock84.9%of Preferred
  • Nikita Cheniuntai62,766,954 Common Stock61.2%of
  • Anna Cheniuntai26,900,123 Common Stock26.2%of

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 $920.6K / $3.6MInvestors 820Post-money $201.9M
Raised $1.5M
Raised $1.7MInvestors 3
Raised $580K
Raised $3KEst. pre-money $1.3M
Raised $2.3M / $5MInvestors 2,067Post-money $136.3M
Raised $1.1MEst. pre-money $98.4M
Raised $1.9M
Raised $2.2M
Raised $1.6M / $35MEst. pre-money $100.7M
Raised $1.3M
Raised $169.8KInvestors 6
Raised $1.6MInvestors 11

Team

5 people
Anna CheniuntaiFounder
Co-founder, CEO and Director

Anna Cheniuntai is the Chief Executive Officer of Apis Cor. After earning her bachelor’s degree in Space Physics in 2014, Anna pursued a career in scientific research to entrepreneurship. She joined construction and industrial machinery manufacturing ventures pursued by Nikita Cheniuntai. Working alongside Nikita, Anna had successfully managed a $5M worth project to construct and deploy the ground navigation system around the infrastructure of the Olympic Games, 2014. Awards and Memberships: - TEDx Speaker - Forbes Business Council - Official Member. - Alumni of Alchemist Accelerator - 2020 -Autodesk Technology Center in Boston - Resident - United States's 101 Most Impressive & Successful CEO's in the 3D Printing Space (Boardroom Media) - The National Small Business Association Leadership Council and Technology Council - Official Member

Nikita CheniuntaiFounder
Founder, Director and CTO

Education and Experience Nikita Cheniuntai is an inventor, engineer, and entrepreneur with extensive experience in robotics and construction. His first company specialized in the manufacturing of industrial CNC machines and composite materials used for construction. After this position, Nikita founded a construction company. In 2014, Nikita executed two projects totaling approximately $5,000,000 USD in relation to building infrastructure for Olympic Games in 2014. These projects for the Olympics were to manufacture and deploy 5,000 signs (within only six months). The signs were made with concrete, metal frame, and high-resolution printed information - everything according to strict design requirements by the International Olympic Games Committee. Nikita’s exceptional experience in engineering and fabrication caused this previous company to execute the project on time and on such a high level that the company was recognized by Organizing Committees for the Olympic Games. Later, Nikita decided to apply his engineering talent and experience to change the way developers build today by founding Apis Cor. Nikita is an inventor of Apis Cor technology and robots and an author of patents related to Apis Cor Technology. Nikita and his work have been recognized with several awards, including: Publications and Awards -Autodesk Technology Center in Boston - Resident -Alumni of Alchemist Accelerator - 2020 -2020 list of Maverick Awards winners byBuiltWorlds - April 2020 -Leaders of Tomorrow, 49th St. Gallen Symposium, Switzerland - April 2019 -1st Place, NASA Phase 3 Construction Level 1&2, Final Design Level of 3D Printed-Habitat -Centennial Challenge by NASA - 2018-2019 (see “Narrative of the Business” above) -50 EMERGING GLOBAL ENTREPRENEURS TO WATCH IN 2017, by INC Magazine - April 2017 -Kairos50, Kairos Society, New York - Apr 2017

Laurie Elliot
Fractional CFO

Laurie Elliott brings over twenty-five years of experience in accounting, finance and operational management to CFO Strategic Partners. She holds a bachelor’s degree in accounting and an MBA in Finance. She started her career with Marks Paneth LLP and PricewaterhouseCoopers (PwC) where she specialized in Emerging Business Services. In that role, she was involved with the owners, accounting departments and engagement leadership providing audit, tax and process improvement services in various industries including entertainment, professional services and transportation. Laurie left PwC to become the VP, Controller and Chief Accounting Officer of Global Spill Management, Inc., a national environmental contracting, consulting, manufacturer, distributor, where she facilitated rapid growth through acquisitions and helped to take the company public. She then joined Team Penske, a Truck leasing company, and rose to VP Finance for the Penske Motor Group with over $1 billion in revenue where her financial acumen was strengthened developing KPI’s, financial analyses, forecasts and projections for the company and targeted acquisitions. Her role with Team Penske further expanded her industry experience to include automotive sales and service, leasing, supply chain logistics management, and racing & motor speedways. In a desire to return to her entrepreneurial roots, she joined the professional consulting firm Strategic Analysis Inc. (SAI) as their CFO. During her tenure, she helped SAI grow to 20 entities across 5 continents and become a top firm in the business intelligence niche. With her relocation to Florida, she became the VP Accounting and Finance and Chief Accounting Officer for a private equity owned national car rental company, tasked with turning around the accounting and finance functions and positioning the company for sale. In her time with CFO Strategic Partners, Laurie has served as the outsourced CFO for clients in entertainment, construction, and business services, among other industries. Laurie’s depth and breadth of experience allows her to serve as a valued strategic partner to executive management. “I’m excited to continue my passion in consulting through my work with CFO Strategic Partners and apply my past experience and knowledge to help our clients achieve their goals.”

Trevor Ragno
Director of construction Technologies

Bachelor of Science Degree in Real Estate and Business Management with an Associates Degree in Urban Planning. Master's Degree in Real Estate. Author of "Aerial Transit Oriented Development as a Framework for Intermodal Vertiport Site Selection". Trevor Ragno (Director of Construction Technologies, Apis Cor) studied Real Estate, Management, and Urban Planning at Florida State University and received his Masters of Real Estate Development from Clemson University. After years of working in the commercial-scale additive manufacturing industry, Mr. Ragno began developing commercial real estate throughout the eastern United States including office, retail, self-storage, multi-family, and data center projects. He is a Partner of Aeronyde, a leading company in drone-based construction progress monitoring, and his book on“Aerial Transit Oriented Planning” is a leading publication on vertiport site selection and development. In his role at Apis Cor, Mr. Ragno successfully led construction efforts for multiple 3D printed buildings in the US, and played a key role in developing Apis Cor University, which is the world's first educational institution dedicated solely to additive construction. Mr. Ragno is actively involved with ULI, ICSC, NAIOP, CCIM and the USGBC."

Paul Cejas
Advisor

Former Chief Engineer Off-Boeing programs and Deputy CTO -Autonomous Systems at Boenig. Malcolm Baldridge Award winning Aerospace Engineering Director with a proven track record of managing $100M+ successful defense programs. Key skill is the ability to communicate with Sr. Leadership as well as execution teams in a way that breaks down and simplifies complex concepts, resulting in informed decisions. Successes include co-creation of the Air Combat Teaming System concept and strategy, QF-16 Development and Operational Capability, MQ-25 Electromagnetic Effects integration, EA-18G Production start-up, F/A-18E/F Flight Controls, Harpoon Supply Chain integration, and AV-8B VTOL controls, all resulting in award winning teams.I have an MBA with a Finance emphasis from the University of Missouri in St. Louis, and a Bachelor of Science degree in Aerospace Engineering from Georgia Tech. Most recent experience has been working with unmanned vehicles, and helping establish the vision for the future of this disruptive technology.

Names and titles as disclosed on SEC Form 1-A, 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 required3+ reports filed & assets ≤ $10M

Filed 3 of 4 annual reports (FY2022–FY2025)

2,067 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 1-SASep 30, 20250001214659-25-014393
    EDGAR
  • Form 1-KMay 1, 20250001214659-25-006719
    EDGAR
  • Form C-ARMay 1, 20250001665160-25-000932
    EDGAR
  • Form C-UMar 7, 20250001665160-25-000391
    EDGAR
  • Form C/ADec 23, 20240001665160-24-001878
    EDGAR
  • Form 1-UNov 12, 20240001885037-24-000006
    EDGAR
  • Form C/ANov 1, 20240001665160-24-001540
    EDGAR
  • Form 1-SASep 30, 20240001885037-24-000005
    EDGAR
Source: ManualCIK 0001885037DEShare price $1.47

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.